OREANDA-NEWS. June 11, 2013. In order to improve customers’ experience, Bank of China (BOC) has integrated market trends and customers’ needs to come up with initiatives that include a number of innovative credit card products through research and development, highlighting secure, convenient and preferential services, functional features and strengthening the advantage of personal overseas financial services.

Great Wall International EMV Credit Card –Comply with International Standards and Indispensable for Overseas Traveling

Great Wall International EMV Credit Card, a chip-based card that complies with international standards, can effectively reduce the risks of credit card counterfeit and fraud by improving the card holders’ overseas card using safety index. Meanwhile, as a credit card aims to create the best overseas card using experience, Great Wall International EMV Credit Card allows holders to enjoy 1.5% currency exchange fee exemption while reducing the exchange rate cost overseas transaction. The platinum card and the infinite card holders can enjoy 5% cash discount with a single transaction of over USD200 and long-term double loyalty points return when purchasing in duty-free shops abroad.

In addition, Great Wall International EMV Credit Card also has a number of basic service functions such as deposit with interest, interest-free benefits within up to 50 days, considerate SMS reminders, 24-hour fraud monitoring and global RMB automatic purchase of foreign exchange. Card holders can easily conduct repayments of foreign exchange purchases by specifying the automatic repayment accounts via various repayment channels such as online banking, ATM, telephone banking, counters and Alipay.

Virtual Credit Card – Convenient and Secure Online Payment

Virtual Credit Card is a virtual card set under the existing credit card account, while at the same time attached to the physical card. The card number, expiration date and other information are applied completely to online and other non-face-to-face transactions. Transactions via the virtual credit card are all recorded in the corresponding physical master card account and save card holders from time and effort of making a separate repayment. Just recently, BOC has launched virtual card application for BOC credit card holders via the “Colorful Life” mobile phone application, BOC loyalty points website (jf365.boc.cn), online banking and mobile banking.

BOC Virtual Credit Card supports UnionPay, Master Card, VISA and other credit card services. The car holder can apply for unlimited virtual cards under one physical card without any extra charge and can set the limits for a single transaction, accumulated transactions and the expiration date for each virtual card in accordance with one’s own risk tolerance ability to limit the online repayment risk to certain period of time and certain amount. Meanwhile, based on his/her own shopping habit and different transactional purposes, the card holder can set different virtual cards and make reasonable planning and rational consumption to achieve active management of online consumption.

“Colorful Life” Mobile Phone Application – Multiple Functions at Sweet Will

“Colorful Life” is the mobile phone application independently developed by BOC for credit card users which offers mobile Internet function services such as preferential information, billing information inquiry, recharging and bill payment and online reservation and prepayment. BOC credit card holders can download, install and register the “Colorful Life” to check BOC’s preferential information and manage credit card consumption bills at any time, achieve positioning and surrounding inquiry, and learn about business information around. They can also carry out mobile recharging, online movie ticket booking and payment at ultra high discount without tedious queuing for tickets.

Great Wall International Hong Kong, Macao and Taiwan Free-Travel Card – Cash Rebate in Three Regions and Significant Preferential Treatment

Great Wall International Hong Kong, Macao and Taiwan Free-Travel Card is a credit card specially developed for customers who visit Hong Kong, Macao and Taiwan frequently in line with the financial IC card standards stipulated by the People’s Bank of China. Now this card has been piloted in Guangdong and will be promoted all over China later.

For users’ needs, BOC has integrated its channel resources in Hong Kong, Macao and Taiwan and tailored the most incentive preferential policy for Great Wall International Hong Kong, Macau and Taiwan Free-Travel Card. When consuming with the card in the above-mentioned regions in weekends and China’s mainland statutory holidays, card holders can enjoy 2% cash rebate for each single transaction of over RMB 500, and the maximum monthly accumulated cash rebate is RMB200 for each credit. Moreover, they can enjoy 6-month or 12-month interest-free and fee-free installments in more than 700 stores in Hong Kong. Furthermore, they can enjoy up to 60% discount or presents in more than 1,000 preferential shops in Hong Kong, Macao and Taiwan.

Quick Pass Portable IC Card – Easy and Quick Petty Pay

The chip-based credit card with petty and non-contact quick pass (Quick Pass) function has become a highlight trend of the industry development. BOC has also made innovation in this area. In the pilot areas of Ningbo, Shenzhen, Shanghai and Jiangsu, BOC launched the product of “Quick Pass Portable IC Card”.

BOC “Quick Pass Portable IC Card” is a delicate compact shaped card with fashionable design which can be used as a keychain or mobile phone pendant and easy to carry with. Its chip connects to electronic cash account, so its holder can quickly conduct petty consumption of less than RMB1 000 at millions of ATMs with the logo of UnionPay Quick Pass. The customer just needs to flash the card in front of the sensor without signing and entering password, and the transaction can be completed easily, quickly and simply. Meanwhile, the “Quick Pass Portable IC Card” also has large storage capacity and integrated application. For example, the “Quick Pass Portable IC Card” launched in Ningbo integrates with Ningbo citizen card application, so the Ningbo citizen can take the bus at a 40% discount with the card.

Currently, BOC credit or debit card holders can conduct applying, binding and recharging services of “Quick Pass Portable IC Card” at BOC outlets in the above-mentioned pilot regions.