1. Positive answers
Reliable.
2. Specific analysis
The so-called "digital credit card" is actually an "electronic credit card", which is a virtual card. After the customer successfully applies, the bank will provide a set of virtual card numbers. After activating the security code, validity period and other information, customers can bind it to the card-issuing bank's mobile banking, or bind it to UnionPay Cloud QuickPass, as well as third-party payment platforms such as Alipay and WeChat, to make quick payments.
There is no problem in online and offline consumption with digital credit cards. When paying online, check the digital credit card number and enter the payment password to complete the payment; when making offline purchases, you can use mobile banking or UnionPay Cloud You can also scan the QR code to pay with QuickPass, or bind APPLEPAY, HUAWEIPAY, etc. to use mobile QuickPass.
Every bank provides digital credit cards, and some cards have dual card attributes. They have both a virtual card number and you can also apply for a physical card.
For example, Huawei cooperates with multiple banks to launch HUAWEICARD. After customers successfully apply for HUAWEICARD in Huawei Wallet, they can apply for a physical card. The partner bank will send the card to the customer. After the customer receives the card, You can activate it, then use the physical card to make purchases offline, and use the virtual card to pay for transactions online.
3. Can digital credit cards be used to swipe POS machines?
No.
Digital credit cards cannot be directly swiped at the POS machine for consumption. They must use the payment function of mobile phones or third-party payment APPs to swipe the card for consumption at the POS machine. The usage method is as follows:
First, the user's mobile phone needs to support the NFC function, and the user binds the digital credit card to the Cloud QuickPass APP.
Then open the UnionPay APP when swiping a card at an offline POS machine, set the payment method to digital credit card, and turn on the NFC function of the phone.
Finally, just approach the POS machine and make a beeping sound.