Among them, the single and daily cumulative payment limit of samsung pay is 5,000 yuan; Samsung pay debit card simulates a single transaction of magnetic stripe and the daily cumulative payment limit is 2000 yuan; The single and daily cumulative payment limit of hce debit card is 2000 yuan. You can lower the limit within this limit.
UnionPay will launch a secret-free visa-free service with a flash payment amount lower than that in 300 yuan. The information revealed here is that flash payment has begun to be unified into online mode, and the secret-free visa-free service is no longer the privilege of electronic cash payment methods that need to be circled.
The introduction of flash payment can solve the problem of small and fast payment of bank cards. However, because flash payment involves the password input of electronic cash deposit and online flash payment, simple and convenient small quick payment becomes complicated and cumbersome. In addition, the operation design of POS machine is extremely unreasonable, which should be welcomed by customers and businesses, but it has become a reluctant payment method.
The small contactless payment of EMV can be completed without password and signature, which is very helpful to improve the speed of on-site transaction. The market demand for small payment is almost geometric growth. We can see that small non-contact payment is becoming more and more popular abroad. With the popularity of convenience stores, fast food restaurants and various small and medium-sized shops in China, more and more merchants and customers will also want to use small and fast electronic payment. If online flash payment plus visa-free and secret-free can make merchants and customers feel convenient and safe, I believe it will one day become our first choice to buy drinks and fast food every day.
When a cardholder uses a financial IC card with the function of "flash payment" or a mobile device supporting "flash payment" to conduct a transaction of 1000 yuan or less at a designated merchant in China, he only needs to put the card or mobile device near the "flash payment" sensing area of an acceptance terminal such as a POS machine to complete the payment. In the process of payment, the cardholder is not required to enter a password, and there is no need to sign, which is called the small secret exemption visa-free service.
The little secret visa-free service is mainly used in daily consumption fields such as buses, subways, restaurants, department stores and supermarkets. To meet the needs of merchants for quick checkout and enhance the cardholder's card experience. In subway and bus scenes, there is a large flow of people, and it is required to cross the gate quickly. The secret-free visa-free service provides support for consumers to ride conveniently, eliminating troubles such as cash queuing to buy tickets during peak hours, inconvenient card recharge, inconvenient card carrying, and inability to report the loss. At present, cardholders can quickly pass through the gates in Nanjing, Hangzhou, Ningbo and other places through a small number of confidential and visa-free services.