1. ICBC is the largest credit card issuer in China and one of the most complete credit card issuers. New products such as euro credit card, peony express business card, peony unionpay card, peony sports card and new peony transportation card have been launched one after another; Promote the service system construction of business outlets, VIP customer service centers and other channels; Actively choose overseas institutions to issue cards as agents, and further strengthen cooperation with international card organizations. At the end of 2007, the number of credit cards issued was 23.38 million, and the consumption amount reached1.61.90 billion yuan, which continued to maintain the market position of paying equal attention to both card issuance and consumption. The credit card overdraft balance was 82,465.438 billion yuan, an increase of 59.5%. As early as 1995, ICBC issued the first domestic smart chip card approved by the People's Bank of China and the first domestic chip credit card at the end of 2005. Since 2009, it has taken the lead in comprehensively promoting chip cards among domestic peers. By the end of 20 10, ICBC had issued more than 9 million chip cards, and 95% of the 450,000 POS machines could accept "magnetic stripe plus chip".
2. ICBC actively promotes the popularization and application of chip cards. By the end of May 20 12, the circulation of various chip cards of ICBC had exceeded 5.5 million, ranking first among domestic peers. Among them, the number of chip credit cards issued reached 5.38 million, an increase of1110,000 compared with the beginning of the year, with an increase of 26%. The number of chip debit cards such as chip cards for wealth management accounts is close to130,000. At the same time, ICBC has also made great efforts to improve the acceptance environment of chip cards. More than 90% of ICBC's self-service machines can accept chip cards, which has laid a solid foundation for the further popularization of chip cards. For example, in March, 2009, China Industrial and Commercial Bank officially issued the innovative bank chip card product-"guangzhou-shenzhen railway Financial Chip Card" applied to the railway system. Cardholders can "swipe their cards and leave" when they take guangzhou-shenzhen railway china railway high-speed, without waiting in line to buy tickets and wait for the bus. This card has been widely welcomed by customers since it came out. In just one year, 654.38 million cards were issued, and the consumption reached10.50 billion. This "one card with multiple functions" chip card launched by ICBC will become the direction of bank card upgrading in China in the future.