What are the advantages and disadvantages of opening China UnionPay Express Pass?

china unionpay card

Cloud QuickPass is a payment management tool that can china unionpay card be launched by China UnionPay and various banks. Although the company has not launched it for a long time, due to the advantages of corporate preferential policies, the users who use the UnionPay payment are more and more more and more. So what are the advantages and disadvantages for users to activate Cloud QuickPass? Let’s learn more about the pros and cons of cloud flash payment for students.

First, open the advantages of cloud lightning payment

1. Powerful bank card management function

Cloud Flash Payment has a strong bank card management function, which can bind 10 bank cards at the same time, and directly realize card balance inquiry, payment, credit card bill inquiry and other functions through Cloud Flash Payment.

2. More promotions

China UnionPay Express Pass was launched late, and its market share is far less than that of WeChat and Alipay. In order to attract more users to use China UnionPay Express Pass, UnionPay has continuously launched various preferential activities. For example, consumer discounts in China UnionPay Express Mall, one-cent bus card discounts, and face-scanning payment discounts, etc.


The swiping rate of UnionPay POS machine is only 0.38%, and the preferential policies are quite strong, which also attracts many students with credit cards to allow users to use UnionPay. However, we also have different users who need to worry about whether frequent card swiping will be risk-controlled or even blocked by the bank.


The flash rate of 0.38% is subject to certain conditions, and only consumer merchants with a daily consumption of less than 1,000 yuan can enjoy the 0.38% discount. This merchant belongs to the standard category of merchants with a 0.6 rate, and is actually subsidized by UnionPay.


The 0.38% rate of UnionPay is itself a special offer launched by UnionPay, which aims to encourage users to use UnionPay in online and offline stores, so normal credit card consumption is not a problem.

2. Disadvantages of Flash Cloud

The payment function of China UnionPay Express is relatively complete, but there are few additional functions, such as the lack of financial management functions. The funds received by China UnionPay Express will be directly deposited into the bank card, and only the current interest of the bank can be enjoyed, and the income of the currency fund cannot be enjoyed like Alipay.




Cat 20 LTE vs 5G - What Is The Difference, And Which One Do You Choose?

As Verizon just released the long-awaited 5G subscription for residential customers, many are wondering about the advantages and disadvantages of subscribing to...

HFCL MD Mahendra Nahata on how exports and telecom services will lead India's growth

HFCL Limited expects substantial growth coming from new products and exports. The company is managing director Mahendra Nahata.The company has the first open-so...

Here are four ways that GREAT campaign is revitalizing the UK economy

The Great Britain & Northern Ireland CampaignGREAT is set to generate £407m of investment right across the UK.Students from 121 countries have been attracte...

How to update kitchen cabinets without replacing them with a bigger kitchen

It s easy to change the look of your kitchen cabinets without buying them, such as installing a new door and switching a lighting. Even something that seems min...

5G Sub6: The Fastest & Most Reliable Network Available

Do you have a 5G phone? The What? 5G Sub6: The Fastest & Most Reliable Network AvailableWhat is the 5G Network?The 5G network is a new type of wireless netw...

What Is 5g Volte Wireless And 4 Reasons Why You Might Want It

Before explaining what 5g volte is in detail, it s important to know how mobile technologies have evolved over the years. How do they relate to one another and ...

Which Website Payment Processing Method Should You Get?

You know it s essential for you to have some sort of payment processing set up website payment processingfor your website, preferably one that will fit with you...

5G Technology and the Development of the Internet of Things

5G is a new technology that will have the ability to offer much greater speeds of data transfer and make it easier for users to connect with their devices. It w...

What Is The Internet Of Things?

The Internet of Things is more than just the internet with things attached to it. And part of what makes it so fascinating is that there are many ways one can d...

CNC machining produces higher-quality results

What is G96 in CNC?G96 constant surface cutting speed rapid prototypes llcThe G96 command is used when we require a constant surface speed or cutting speed. Thi...