What are the benefits of merging social security cards and bank cards?

Social security card and bank card are called "financial social security card" after merging, and their functions are as follows:

The combination of social security card and bank card is the first step of multi-card merger, which fundamentally solves the inconvenience of multi-card;

Ministry of Human Resources and Social Security and the People's Bank of China signed an agreement. People's Bank of China gradually replaced magnetic stripe cards with chip cards from the perspective of security. The social security card just took this opportunity to be replaced by a financial social security card, which is conducive to the combined use of social data and bank data;

After the financial social security card is launched, we will cooperate with health departments, hospitals and banks to develop medical insurance information systems. In the future, all expenses will be deducted directly from the insured's account, which will not involve cash delivery and will not waste the time of queuing for medical treatment.