Brand model: iPhone 14

System: iOS 16.1.2

ApplePay is an NFC-based payment system released by Apple at the 2014 Apple Autumn New Product Conference. Mobile payment function, ApplePay is Apple's mobile payment and electronic cash service, integrated into the Apple Wallet application, and can only be used with mobile devices such as iPhone, Apple Watch and iPad (iPad Air 2, iPad mini 3, iPad Pro or newer models) launched by Apple. Make payment.

Payment limit:

According to information provided by ICBC, the payment card in ApplePay is valid for five years, and there is no annual fee or loss reporting fee. The ApplePay payment card applied by the customer and the existing credit card bound to it use a unified account and enjoy the account credit limit. The ApplePay payment card single payment limit is RMB 20,000, and the daily cumulative payment limit is RMB 50,000. Customers can apply to adjust their card credit limit through ICBC business outlets, e-banking and other channels. If the customer adjusts the credit limit of the physical card, the ApplePay payment card will not be adjusted simultaneously.

In addition to situations where you are not required to enter a password within the limit, when you use the "password-free and visa-free" function of UnionPay chip credit card, or when you are making online transactions overseas without entering a password, ApplePay requires you to enter a password when paying, and the password is the same as the password. The physical card password is the same and cannot be modified individually. If the physical card password is adjusted, the ApplePay password must also be updated simultaneously.