Foreign credit cards do not need to set passwords like domestic credit cards. This is because the service attitudes of banks are different in different countries. Basically, foreign credit cards only require your signature to make purchases, even for large purchases. The customer service staff of the credit card issuing bank will call the cardholder and ask if the purchase was made by you. If so there is no problem.

Foreign credit cards are a product based on credit consumption. You can use them for small purchases or large purchases, but large purchases will be monitored by banks. He is worried The customer did not use it for actual consumption, but cashed it out. This has an impact on the bank itself. As for how it affects it, it is too complicated to go into detail. In short, the bank does not allow customers to use it. If you use a credit card to withdraw cash, it can be used for consumption. Our domestic credit card. Although the supervision is wrong, it is not that strict, and every transaction will not be verified with the customer.

For foreign credit cards, as long as it is confirmed that it was not the person who spent the money, the money will be withdrawn, which means that it will not enter the merchant's account until the merchant can provide effective evidence to prove that it was the cardholder who charged the money. , the money will be reallocated to the merchants. This is a battle between banks and merchants, but in our country, as long as the money goes out, it is not under the control of the bank. It is even more impossible to get the money back from the merchants, because you have already enjoyed the corresponding services, even if you are not the person. Therefore, our domestic credit cards must set a password. If you do not set a password, it will cause All economic losses will be borne by you.

The environment at home and abroad is different, and the way credit cards are treated is also different. Foreign credit cards are a very popular method, but in China we basically still use cash or mobile phones to pay. People who really use credit cards frequently Not much. People still think it is a kind of advanced consumption and are not particularly willing to accept it.