Digital credit cards support online and offline consumption. The premise of successful online payment with digital credit card is that merchants support credit card payment. In this case, users can use mobile banking or a third-party payment platform to scan the code and check the digital credit card when paying.
The most commonly used credit cards are physical credit cards issued by banks. As long as users have good personal credit and sufficient repayment ability, they can apply for credit cards online and offline. Credit card is a credit payment tool that is consumed within the bank credit limit.
What does a digital credit card mean?
In fact, digital credit card is also a credit card product launched by banks, which is different from ordinary physical credit cards. Digital credit card is a new type of credit card introduced by banks. Digital credit card has no physical card, but it is essentially a virtual card, but it still consists of virtual card number, security code, expiration date and other information.
The difference between digital credit card and ordinary credit card is that digital credit card can not be paid directly by credit card, but must be attached to mobile payment platform before it can be used and consumed. For example, you can directly bind a digital credit card to a third-party payment platform such as WeChat and Alipay, and you can complete the payment. On the one hand, digital credit card has no physical card, which avoids the trouble of card loss; However, on the other hand, digital credit cards rely entirely on network data, and there are also network security risks.
The digital RMB that has been circulating on the Internet for several months can finally be used.
Shenzhen, as one of the four pilot cities, distributed a digital RMB red envelope of100000 yuan to 50000 citizens by lottery, which can be consumed by 3389 merchants without threshold. This is a landmark event of digital currency, the central bank of China.
At the same time, countries all over the world are also accelerating the research and development and experiments in digital currency. Digital currency will become a new currency form in the digital age, which is also an important milestone in the field of mobile payment.