China unionpay express APP was officially released on February 20 17+ 1 1 year. It is a non-cash mobile transaction settlement tool jointly developed, constructed, maintained and operated by China UnionPay, commercial banks, payment institutions and other industries under the guidance of the People's Bank of China.
Advantages of China unionpay express:
1, hardware protection
NFC mobile phones, as well as the built-in security chips of bracelets and watches, have all passed the security detection certification, providing hardware-level protection for the safe storage of UnionPay card information, protecting the stored ordinary information from being illegally read and confidential information from being tampered with.
2. Payment sign
Following the international EMV payment marking standard, UnionPay newly generates a unique digital sequence for the entity UnionPay card, which is only used for payment on mobile devices, and is securely stored in NFC mobile phones, bracelets and watches to avoid information leakage of the entity UnionPay card.
3. Safety
China UnionPay Express products apply advanced security technology, improve business processing rules, introduce mechanisms such as risk compensation and advance payment, and provide 72-hour card loss guarantee service. For individual sudden risk events, it can quickly solve the problem of user's capital loss and protect the legitimate rights and interests of users.