No. The China Yintong payment card does not accrue interest or overdraft, does not provide ATM functions, does not provide recharge and card refund services, and does not provide other payment and settlement services such as cash withdrawals and transfers.
The China Yintong payment card is an anonymous magnetic stripe card product that can be consumed at domestic and overseas UnionPay authorized merchants. The account currency of the China Yintong payment card is RMB, with a fixed face value. Cardholders can choose from four amounts of 200 yuan, 500 yuan, 1,000 yuan, and 2,000 yuan when purchasing. The face value of the card will be printed on the back of the card.
The usage period of the China Yintong payment card is 5 years from the date of purchase to the end of the month on the expiration date. Cards that have expired will not be able to be used normally. Cardholders can apply for extension service and pay an extension service fee of RMB 10. Each extension of the use period is three months. Extended information
China Yintong Payment is jointly established by Bank of China, China UnionPay and BOC Credit Card Company. Including the issuance and settlement business of electronic payment products; the development and application of electronic payment systems.
Through the electronic payment service system, we provide marketing services, information data management and related consulting services to enterprises and institutions. At the same time, in compliance with the development needs of electronic payment and the application technology of electronic IC cards, we provide prepaid card services.
Based on its cross-industry small-amount convenient payment business positioning and the People’s Bank of China’s requirements for further improving financial IC cards and mobile financial applications, China Yintong actively participates in UnionPay’s small-amount password-free and visa-free business. , launched the Easy-PASS card, which comes in two forms: physical financial IC card and mobile phone cloud card, providing the market with a brand new payment tool.
Baidu Encyclopedia-China Yintong Payment Card