The minimum repayment of CITIC Bank credit card cannot be set and is controlled by the bank.

CITIC Bank credit card regulations:

1. Authenticate both parties to the transaction and prevent payment fraud. Ability to use digital signatures and digital certificates to authenticate online business parties to prevent payment fraud, certify the validity of the identities of parties participating in online trade, and issue digital certificates to participating parties through certification agencies or registration agencies. to confirm the legitimacy of their identity.

2. Encrypt information flow. A single key system or a dual key system can be used to encrypt and decrypt information. Technologies such as digital envelopes and digital signatures can be used to enhance the confidentiality and integrity of data transmission and prevent unauthorized third parties from obtaining the true meaning of the information. .

3. Digital digest algorithm confirms the authenticity of electronic payment information. In order to protect the data from being created, embedded, deleted, tampered with, replayed, etc. by unauthorized persons and reach the recipient intact, data hashing technology can be used.

4. Ensure the non-repudiation of transaction behavior and business. When disputes arise between two parties in an online transaction, especially disputes related to payment and settlement, the system can ensure non-repudiation of the relevant behavior or business. The online payment system must generate or provide sufficient evidence during the transaction process to quickly identify the right and wrong in the dispute, which can be achieved by using technologies such as digital signatures.

5. Handle multilateral payment issues in online trade business. Payment settlement involves multiple parties such as customers, merchants and banks. The purchased purchase information and payment instruction information must be connected together, because merchants will only continue transactions after confirming certain payment information, and banks will only provide payment after confirming payment. .

In order to ensure security, merchants cannot read customers' payment instructions, and banks cannot read merchants' purchase information. This multilateral payment relationship can be realized by using technologies such as double digital signatures provided by the system.

6. Improve payment efficiency. The procedures and processes of online payment are not complicated and the payment efficiency is very high.

Therefore, the minimum repayment of CITIC Bank credit card cannot be set and is controlled by the bank.

Extended information:

The role of CITIC Credit Card:

1. Guiding role

The guiding role of CCB’s mobile banking is mainly reflected in performance The guiding role of indicators is to clarify goals and guide work for employees.

2. Constraint effect

Some CCB mobile banks will clearly tell employees what they should do, whether the work they do is consistent with the performance indicators, and constrain employees' daily behaviors and management standards. and work priorities and goals.

3. Cohesion effect

Once CCB Mobile Banking is implemented, employees will use various resources and gather all available forces to achieve and complete performance goals, which can unite everyone in one ***The same goal and direction.

4. The role of competition

The setting of CCB’s mobile banking requires employees to achieve goals through hard work. The performance indicators clarify the direction and goals of employees’ efforts, thus providing Competition goals and comparison standards among employees, between departments, and between the enterprise and the outside world make employees compete with each other to complete performance appraisal indicators.

Baidu Encyclopedia-CITIC Bank

Baidu Encyclopedia-Credit Card

CITIC Bank Official Website-Credit Card Guide