China Merchants Bank mobile payment product family unveiled at the International Finance Exhibition

On September 8, 2016 China International Finance Exhibition was held in Beijing Exhibition Hall. China Merchants Bank has participated in leading financial technology products such as “One Flash”, China Merchants Bank App, and Pocket Life App. Users who have already bound China Merchants Bank Card can experience Apple Pay, Samsung Pay, Huawei Pay, Xiaomi Payment and other flash payment products.

The reporter was informed that China Merchants Bank will participate in the main line of “safety” and “innovation”, and show the visitors a convenient and fast payment experience, safe and secure back-office guarantee and an open industrial platform, which will become the highlight of the exhibition.

At the exhibition, China Merchants Bank focused on “One Flash” products for on-site display. According to reports, when users use "one flash pass", they only need to light the screen of the mobile phone close to the POS machine to pay, no need to open any APP, and no network support, easy and convenient, and multiple security guarantees to ensure account information security.

At present, China Merchants Bank's one-flash payment model has supported services such as Apple Pay, Samsung Pay, Huawei Pay, and Xiaomi Payment. Merchants Bank cardholders can bind the above services. It is reported that over 6 million merchants across the country have supported the China Merchants Bank debit card or credit card "one flash pass" service.

In addition, China Merchants Bank has also supported some of the business in China Merchants Bank ATM, China Merchants Bank Visual Counter (VTM), and China Merchants Bank counters to replace physical bank cards.

It is worth noting that China Merchants Bank supports customers to easily withdraw money on all ATMs, Apple Pay, Samsung Pay, Huawei Pay, Xiaomi Payment, etc., without the need to insert bank cards, which is convenient and fast, and is the first national support in China and across the bank. A bank that flashes ATM withdrawals.

The reporter saw on the spot that some viewers took the mobile phone with the bound bank card, selected “Pay withdrawal” on the ATM machine, and placed the mobile phone close to the sensing area and verified the fingerprint. Then the password was entered and the withdrawal was successful. It is really convenient and quick to withdraw money from your mobile phone.

The relevant person in charge of China Merchants Bank said that China Merchants Bank is committed to bringing innovative experiences to users in the field of mobile payment. In 2014, it was the first company in the industry to launch “One Flash”, becoming the first bank to launch NFC payment in China. After the centralized display of the financial exhibition, China Merchants Bank's mobile payment will further expand the scope of application, bringing customers a safer and more convenient mobile payment experience.

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