CCB Xiaomi Virtual Card is on Xiaomi APP. Virtual credit card is a kind of virtual bank card, which is different from the credit card of physical media. It is a virtual account number derived from the BIN code on the bank card. There is no physical card, which can be used for payment and settlement. Cardholders can use virtual credit cards to participate in various credit card preferential activities like physical cards. There is basically only one function of a virtual card, that is, payment.

Virtual card characteristics

In the past, it usually took two or three weeks to apply for a bank's physical credit card, from application, approval to getting a credit card, but online application for a virtual credit card can be used. In terms of functional use, virtual credit cards are similar to physical credit cards, except that they cannot be swiped on POS machines like physical credit cards. Virtual credit cards can also be used for online and offline payment, such as binding third-party payment channels such as Alipay or WeChat for online payment.