Home » Layout mobile phone ecology to advance the credit card 3.0 process CITIC Bank and Xiaomi once again join hands with China to launch the first “exploration version” digital credit card

Layout mobile phone ecology to advance the credit card 3.0 process CITIC Bank and Xiaomi once again join hands with China to launch the first “exploration version” digital credit card

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(August 27, Shenzhen) Today, the CITIC Bank Credit Card Center announced that the digital credit card issued in cooperation with Xiaomi and China UnionPay, the CITIC Bank Xiaomi Co-branded Credit Card · Discovery Edition (referred to as “CITIC Xiaomi Discovery Card”) was launched. This co-branded card is tailor-made for Xiaomi mobile phone users, through the entire process of online application and card management through the Xiaomi “Star Finance·Wallet” APP, and has three major features such as intelligent management of credit accounts, convenient mobile payment, and safe and reliable accounts. The consumer demand of mobile phone users for online and offline full-scene payment. According to reports, the CITIC Xiaomi Discovery Card is another “credit card in mobile phone” blockbuster product jointly issued by CITIC Bank and mobile phone manufacturers.

With the continuous development of Internet technology, mobile payment has now become an indispensable part of everyone’s life. According to iiMedia Consulting’s data, the scale of China’s mobile payment users continues to expand, reaching 790 million in 2020. According to the “2020 Mobile Payment Security Survey Research Report” released by China UnionPay, 98% of the respondents choose mobile payment as the most commonly used payment method, a year-on-year increase of 5%. The launch of the CITIC Xiaomi Discovery Card this time conforms to the new trend of people’s consumption habits, and the whole scene helps users to obtain a new experience of digital financial life.

Combine mobile phone and credit card to explore new digital experience

The CITIC Bank Xiaomi Co-branded Credit Card · Discovery Edition uses Xiaomi smartphones as the carrier, and integrates the entire process of credit card use, such as online card application, automatic card binding, mobile payment, and consumption management, into the Xiaomi Tianxing Finance·Wallet App. ”, you can open the technology and cool experience of digital credit cards and explore new ways of playing.

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The CITIC Xiaomi Discovery Card has two forms: a digital card and a physical card. Users use the digital card through the “Star Finance·Wallet” APP, and new users of CITIC Bank will issue a physical card for the same account. As a credit card in a mobile phone, Discovery Card integrates CITIC Bank’s leading financial service advantages, risk control technology, and Xiaomi’s smart terminal technology capabilities, using SE secure storage, TEE trusted execution environment, real-name authentication, biometrics and banking Risk control technology fully guarantees the security of users’ data and accounts, creates a new payment ecology, and creates a safer payment environment and high-quality card-using experience for users.

Online and offline full-scene payment, exploring exclusive new rights

The CITIC Xiaomi Discovery Card jointly issued this time is deeply integrated into the Xiaomi ecology and scenarios. Xiaomi mobile phone users can apply for the card online through the Tianxing Finance·Wallet App. After activating the card, they can activate Mi Pay (UnionPay Cloud QuickPass) and UnionPay QR code payment functions. , Support online and offline full-scene payment functions.

At the same time, as a digital credit card tailored for Xiaomi mobile phone users, the CITIC Xiaomi Discovery Card has launched a rich exclusive right. The first is the gift of swiping card. Cardholders can get 2% cash back during the event period, with a maximum cash back of 50 yuan per month. They can also participate in random cash back, and they can get a free surprise at the highest.

The second is Xiaomi’s exclusive VIP rights. Apply on the Tianxing Finance·Wallet APP. For every effective monthly consumption of 3,000 yuan, 8,000 yuan, and 15,000 yuan, you can receive a gift in the Xiaomi ecosystem once, and you can get up to 3 times a month. Reward opportunity: New users of China CITIC Bank can receive a 100 yuan Mi Mall voucher after the first swipe.

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Finally, users who successfully apply for a platinum card can enjoy the benefits of the airport and high-speed rail VIP lounge 4 times a year, and can participate in the preferential activities launched by the CITIC Bank Credit Card and UnionPay Cloud QuickPass throughout the year, including “9 share redemption” and “9 yuan to see Movie”|, “Half-Price Food”, 1 yuan parking for 2 hours at designated airports, and financial value-added services such as flight delay insurance with a maximum compensation of 1,000 yuan and a stolen and brush protection insurance with a maximum coverage of 30,000 yuan.

Layout the mobile phone ecosystem and advance the credit card 3.0 process

According to reports, this time the CITIC Bank Credit Card Center and Xiaomi’s Tianxing Digital Technology Co., Ltd. jointly launched the CITIC Xiaomi Discovery Card. This is the second cooperation between China CITIC Bank and Xiaomi. Both parties have a keen insight into current mobile phones and watches based on the joint card products in 2018. The new trend of smart terminal mobile payment fully integrates China CITIC Bank’s leading financial service advantages, risk control technology, and Xiaomi’s smart terminal technology capabilities to create this digital credit card tailored for Xiaomi mobile phone users.

Driven by 5G, big data, and hardware technology, smart terminals such as mobile phones and wearable devices have gradually become the main entrance to reach services and perceive the ecology. The penetration of mobile payments in life scenarios such as catering, fun, travel, and shopping is increasing. China CITIC Bank Credit Card actively embraces market changes, has a deep layout in the mobile phone ecosystem, and will issue digital credit cards for the first time in September 2020. Digital credit cards have broken away from the dependence on physical cards, making smart phones a credit card carrier, moving from physical to electronic, and achieving three major characteristics of intelligent account management, convenient mobile payment, and safe and reliable accounts.

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After the physical card 1.0 era and the 2.0 era of binding third-party payment, the credit card has entered the 3.0 era in which the credit card and the mobile phone are combined into one. This year, China CITIC Bank will in-depth layout of mobile phones, wearable devices and other multi-terminal ecological construction, and comprehensively promote the process of credit card 3.0. With the empowerment of financial technology, it will continue to develop digitally and ecologically, and provide users with convenience, efficiency, personalization, and availability. Temperature of financial services.

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