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Why does the ABC card deduct 5 with the paypass business?
ABC's "pay-as-you-go" business refers to the business that ABC automatically transfers the funds in other banks' accounts to the accounts of ABC to repay the loan or credit card arrears.

This product has the following advantages:

1. Convenient collection. It is beneficial for customers to arrange spare funds as a whole and improve the efficiency of capital utilization.

2. The procedure is simple. The counter of the business outlet signs a contract once, and the subsequent system automatically deducts money.

3. Flexible way. According to the contents of the contract, the fixed amount of inter-bank funds can be collected at a specified time on a monthly and quarterly basis.

4. it's fast. It will take effect on the day of signing the contract, and the collected funds will arrive on the same day.

5. guard against risks. Avoid customers' negligence in causing loans overdue, credit card overdraft interest and credit stain.

6. Satisfied repayment. Provide intelligent service for inter-bank repayment for customers who have credit cards or loans from ABC but whose main income accounts are not from ABC.