ICBC chip cards surpass 11 million

ICBC chip cards have surpassed 11 million as of the end of March this year.

Chip credit cards take up 8.9 million and chip debit cards 2.3 million, achieving an increase of nearly 1 million and 500,000 respectively from the beginning of this year. ICBC is the No.1 in terms of card issuance scale and growth in China.

Customers benefit from many financial products offered by ICBC in collaboration with various industry sectors through the launch of innovative chip card services. ICBC chip cards are accepted in many areas as varied as transport management, railway passenger ticketing, highway toll, commercial co-branding, social security and medical insurance and property management. ICBC also launched chip cards carried with different functions such as offline payment in small amount, highway ETC service, electronic bonus points and door control. To cardholders, not only they can use the chip cards for payment, but also enjoy many value-added services in everyday living, such as airline service, railway service, public transport, highway pass and social security.

With chip cards on the way, the advantages of "One Card, Multiple Functions" and "Combo Use" of chip card are fully manifested. Everybody just use one card for many purposes, no need to carry many cards around, convenient, fast, save resources, pointing to a resources saving society.