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What does China Bank's Express Pay mean?
Flash payment is one of the industrial brands of China UnionPay, which indicates the contactless payment products of UnionPay. It is used for payment applications such as PBOC2.0 contactless IC card, and has the characteristics of small and fast payment.

Users buy goods or services, confirm the corresponding amount, and use financial IC cards or UnionPay mobile payment products with the function of "flash payment" to quickly complete the payment with one button on the contactless payment terminal that supports UnionPay "flash payment".

Generally speaking, the single amount does not exceed 1000 yuan, and no password and signature are required. The non-contact "flash payment" terminal mainly covers daily small fast payment merchants, including supermarkets, convenience stores, department stores, pharmacies, fast food chains and other retail places and public service fields such as vegetable markets, parking lots, gas stations and tourist attractions.

Extended data:

The basic function of China Bank's E-Flash Payment is that China Bank's Great Wall E-Flash Payment adopts the most advanced HCE technology at present, based on the platform of China Bank's credit card brand client ("Colorful Life" and "BOC Yishang"), combined with dynamic keys and payment tokens.

The latest technologies such as cloud authentication and NFC, through the interaction between the cloud server and the client, complete a series of transactions such as digital credit card issuance, key download, authentication and near-field payment at the client, and provide online and offline integrated digital consumption solutions. ?

China Bank Great Wall E Flash Payment is applicable to customers who meet the following conditions at the same time:? Personal MasterCard customers who hold UnionPay brand or MasterCard brand credit cards issued by China Bank. ? Smartphone customers with Android operating system version 4.4.2 or above and NFC function.

Baidu encyclopedia-flash payment