In China, the most commonly used payment methods include cash payment, bank card payment, credit card payment, WeChat, Alipay payment and face payment.
Cash payment is the most traditional way of payment, with the popularity of the Internet, there are fewer and fewer people using cash to pay. Because now online payment is very convenient, and cash-carrying trouble, however, cash payment is still a very important means of payment.
Bank card payment
When using a savings card to pay, there must be enough balance in the card, that is to say, if you want to use the savings card to buy things, you have to deposit money in the card first. Of course, the bank will pay the interest according to the current deposit. Although it is convenient to swipe, if you want to buy something and find that the balance in the card is insufficient, you cannot complete the transaction.
Credit card payment
The biggest advantage of a credit card is that it can be overdrawn for consumption in advance. This also solves the problem of insufficient balance of the savings card when you want to buy this item. The credit card does not need to deposit first, you can directly use the credit line given to you by the bank first, and you only need to repay at the end.
However, credit cards also have shortcomings. For netizens who cannot control their spending desires, if the repayment ability is limited and unrestrained overdraft of the credit card, once the arrears are not repaid, not only various interest will be generated, but also personal credit records will be affected. In this way, it is very uneconomical.
WeChat and Alipay QR code payment
Now, most merchants have also opened WeChat and Alipay payment methods, but the money in it also needs to be transferred through a bank card or bound with a bank card to be used. The biggest advantage is the convenience. You only bring a mobile phone when you go out. You can buy everything you want with your mobile phone. But there are some security risks in code scanning payment. Therefore, when we use QR codes to pay, we must pay attention to prevent risks.
From the point of view of the payment process, scan code payments rely too much on the fluency of mobile phones and the Internet. Face payment is relatively more convenient and faster. The face-scan payment uses the domestic leading 3D face recognition technology, combined with the dual detection of hardware and software, can judge the real user by 99.99%, and is more secure than QR code payment to a certain extent.