From the bank's point of view, changing from a credit card with a password to a credit card without a password is an improvement to improve the security of customers' assets. Because most credit cards in China are "credit cards with a password"-enter the password for consumption, and according to the relevant laws of our country, entering the password reflects the wishes of the credit card owner, that is to say, if someone steals your password and uses your credit card for malicious consumption, there is no way for you to recover the funds. Merchants are obliged to check whether the signature is consistent with the "reserved signature" when using the "password-free credit card". In other words, if your credit card is lost and someone picks it up for consumption, the merchant needs to check the signature. If the merchant fails to fulfill this obligation and causes losses to consumers, the merchant will compensate the cardholder for the losses. Some people will say that if someone imitates my handwriting with my card, it will be miserable. After all, handwriting identification does not make people feel safe. It doesn't matter. At present, banks selling "password-free credit cards" in China promise a certain period of time (generally, but this is the bank's point of view.

From the consumer's point of view, European and American countries are basically "password-free cards", and "password-enabled cards" are actually local specialties in China, but it is obvious that China consumers trust password cards more. It is generally believed that people who get their cards back after losing them don't know that the passwords can't be consumed, which is safer. Besides, people can't agree with the credit and efficiency of China Bank, so they expect the bank to pay for it? Is the merchant responsible? Is it reliable? Is there a handling fee?

For merchants, it is unpopular to have no password card, and there is no doubt that there is no extra income for merchants to increase costs.

Not necessarily for consumers. Maybe you can use this card to experience the fun of consumption more fully, just like you said beauty, and you don't need to remember so many passwords.

But personally, if the security of the passwordless card can be realized as promised by the bank without reservation, and the payment procedure is not so complicated, then the passwordless card will be the general trend of credit cards.