300-1000 quota.

Small-amount password-free and visa-free is a small-amount fast payment service. The cardholder uses a financial IC card or mobile device with QuickPass function to make transactions by swiping the card. The single amount is less than 1,000. Payments below RMB 10,000 can be completed without a signature, password or signature.

However, in order to protect capital risks, many banks have set small daily password-free limits. Let’s take a look at the situation of five state-owned banks.