Di Yi Cai Jing·2026-01-15 06:25Group 1 - Visa has become the first international card organization to support Apple Pay card binding for Chinese cardholders, enabling more convenient payments [1] - The initial rollout includes support from eight banks, including Industrial and Commercial Bank of China and China Bank, with more banks expected to join later [1][2] - The collaboration aims to enhance cross-border payment convenience for Chinese consumers, allowing them to use Apple Pay for contactless payments abroad [2][4] Group 2 - The card binding process is simplified, allowing users to add their Visa cards to Apple Wallet without manual entry, and some banks offer instant card issuance and binding [3] - Visa has invested in payment security, introducing tokenization services to ensure safer transactions, particularly in cross-border scenarios [4][5] - Over 50% of e-commerce transactions within Visa's global ecosystem have adopted payment tokenization, significantly reducing fraud rates [5] Group 3 - Security measures include the use of a unique device account number that is encrypted and stored securely, ensuring that actual card numbers are not stored on devices or servers [6][7] - In case of device loss, Visa can immediately deactivate the digital account number upon request from Apple or financial institutions [6] - The introduction of this service is seen as a significant step for dual-branded cards, enhancing the payment experience for cardholders both domestically and internationally [8]