What is the "small amount password-free payment" of ICBC credit card?

The "Small-amount password-free and visa-free" payment function of ICBC credit card is a small-amount, fast payment service provided by China UnionPay to customers. If you use a UnionPay-branded chip card with the "QuickPass" logo or a mobile device carrying IC card information, when making transactions at designated domestic merchants (for RMB 1,000 or less), you only need to put the IC card or mobile device carrying IC card information. The payment can be completed by "waving" the mobile device close to the "Quick Pass" sensing area of ??the acceptance terminal POS machine or other mobile devices. You will not be required to enter a password or sign a password during payment.

Based on the consideration of fund security, the bank has set a daily upper limit for the cumulative transaction volume of each card for this function, which is generally 2,000 yuan.

When the single transaction amount of your UnionPay chip card and mobile device exceeds 1,000 yuan, the transaction can be completed through the password verification function on the card.