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Why does China Merchants Bank’s credit card transactions always prompt to install security controls, but it cannot be used after it is installed?

Check if your system is 64-bit. If so, the IE you open is 64-bit and incompatible. You have to find IE from "C:\Program Files (x86)", from Open it inside. The IE here is 32-bit and can be used normally. Of course, the premise is that the control is set up in IE and can be used