What business can ICBC do with Jintong Card?

ICBC Jintong Card (Peony Transportation Card) is a UnionPay standard credit card jointly issued by Industrial and Commercial Bank of China and Tianjin Public Security Traffic Management Bureau. It adopts advanced magnetic stripe and dual-interface chip card, which has outstanding advantages such as stable information storage, difficult copying and perfect encryption technology, and has dual functions of traffic management and financial payment. As a project benefiting the people of Tianjin Municipal Government, the implementation of China Industrial and Commercial Bank Jintong Card Project will effectively integrate market resources, realize multi-purpose of one card and optimize the electronic payment settlement environment in this city.