1. There is a lack of new customers, transaction volume has plummeted, customers have been paying attention to the epidemic, bank branches are not open, and staff have no marketing opportunities and no way to activate bank cards.

2. Affected by the epidemic, customers’ income has been reduced or even unstable. They no longer want to apply for credit cards and have no chance to activate their bank cards.

3. Credit card limits have been tightened and risk control has been strengthened. Regulatory authorities have proposed rigid deductions and standardized credit card credit. The threshold for applying for credit cards has become higher, fewer customers have been applied for, and the probability of credit card activation has also decreased.

4. The above are the reasons why the Shanghai epidemic affects credit card activation.