What's the difference between UnionPay Flash Payment and UnionPay China UnionPay Express?

Flash payment: Now it generally refers to "online flash payment". Take the bank card issued by the bank, swipe the card on the POS machine to read the card information, and the cardholder enters the password to complete the payment. In the past, flash payment refers to "offline flash payment", which requires cash to be deposited into an electronic cash account in advance, which is more troublesome. The secret-free and visa-free payment does not conform to the safety habits of Chinese people, and it has basically been eliminated.

China UnionPay Express: Creating a virtual bank card in your mobile phone in a specific way is equivalent to putting the information of the bank card sent to you in your mobile phone, and the mobile phone is equivalent to a bank card. When you pay, you can use it in the same way as the online method mentioned above, except that the "swipe card" action at this time is not the card issued by the bank, but your mobile phone. After waving the mobile phone on the POS machine, enter the password to complete the payment. There are three ways for China UnionPay Express: Apple Pay is for Apple users (using iPhone, Apple watch, iPad, etc.). ), Samsung users use Samsung Pay, and other Android users use HCE. The task of "generating a virtual bank card in a mobile phone" is completed in different "specific ways" by different ways of China UnionPay Express. See UnionPay official website specifically.

Finally, it is concluded that the significance of China UnionPay Express is that you can pay by credit card at any time without having a bank card in your pocket.

Knowledge expansion: What is the difference between "waving cards" and "inserting cards"? "Waving the card" means the simple action of touching the bank card above the keyboard on the front of the POS machine, just like swiping the bus card when taking the bus. This way of using the card is opposite to "swiping the card" and "inserting the card". "swipe card" means that the previous magnetic stripe bank card swiped the card information in the right slot of the POS machine, but now it disappears with the removal of the magnetic stripe card. "Card insertion" means inserting the chip bank card into the tail slot of the POS machine to read the card information. "card waving" is an action that will only be used when paying by flash, and there is no friction relationship with the card slot of POS machine. Also known as "punching in".