In addition, the regulations of each bank are different, so the limit is different. For example, the repayment limit of China Merchants Bank's savings card is 5,000 yuan per day, but the repayment limit of Shanghai Pudong Development Bank's savings card is 5,000 yuan per day and 50,000 yuan per day. Others, such as Bank of Communications, China Construction Bank, Huaxia Bank and China Bank, have a daily limit of 3,000 yuan and 5,000 yuan, 654.38 million yuan and 50,000 yuan respectively, and 654.38 million yuan and 50,000 yuan respectively.
China UnionPay Express is a new unified entrance for mobile terminals jointly created by all parties. The unified banking APP "China UnionPay Express" brings together the mobile payment functions and rights concessions of various institutions, and is committed to becoming a mobile payment housekeeper for consumers to save money and worry. Consumers can bind and manage various bank accounts through the "China UnionPay Express" APP, and use the mobile payment services and preferential rights of various banks.
First of all, the UnionPay risk system integrates the risk rating information such as the cardholder's entity UnionPay card information and mobile device information to ensure the cardholder's safety during the application and use.
Secondly, based on the networking characteristics of mobile devices, UnionPay provides remote management services for China UnionPay Express products, and remotely manages China UnionPay Express products that may have risks to protect the rights and interests of cardholders.
Thirdly, in terms of security, China UnionPay Express products apply 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.
On September 30th, 20021year, Tencent WeChat Payment and UnionPay China UnionPay Express jointly issued a statement on deepening payment cooperation and interconnection. According to the statement, in order to actively respond to the central bank's guidance on promoting the smooth payment system, Tencent WeChat Payment is promoting deeper interconnection with UnionPay China UnionPay Express in terms of payment and services based on the safe and reliable cooperation of users' transactions.
202 1 10 2, Alipay announced the progress of interconnection with China UnionPay, and 85% of Taobao's stores have supported consumers to pay through China UnionPay Express. In addition, mutual recognition of payment codes has been realized in many cities across the country, such as Beijing, Tianjin, Guangzhou, Shenzhen, Chengdu, Chongqing and Xi 'an, and it is planned to cover all cities in the country in March 2022.