Can I swipe my social security card in the supermarket?

Yes, this is actually a social security and bank card, which contains both your bank information and your social security information. The money in the card can be used for social security payment and business consumption.

The social security card, called "Social Security Card of the People's Republic of China", is an integrated circuit card (ic card) which is uniformly planned by the Ministry of Labor and Social Security and distributed to the society by local labor and social security departments. Social security (individual) cards are issued to urban employees, unemployed people and retirees, and social security (employer) cards are issued to employers. Ministry of Human Resources and Social Security said that it will take about five years to make social security cards generally have financial functions. Hu Xiaoyi, Vice Minister of Ministry of Human Resources and Social Security, introduced at the press conference of the State Council Office on August 30th that the social security card adopts the national unified standard, and the social security number adopts the citizenship number according to the relevant provisions of the Social Insurance Law.

According to the news released by the central bank, the financial function of "social security card" is limited to debit application, and its settlement scope is strictly limited.

The State Council Press Office held a press conference. Hu Xiaoyi, Vice Minister of Ministry of Human Resources and Social Security, and Li Dongrong, Assistant Governor of the People's Bank of China, introduced the work related to the financial function of loading social security cards in the People's Republic of China and answered questions from reporters.

It is reported that the "social security card" is closely related to the social security interests of every citizen. You can show it when you see a doctor, and you can pay the medical expenses immediately after settlement. It can also be used as an ordinary bank card, which truly realizes the "one card".

The People's Bank of Ministry of Human Resources and Social Security and the People's Bank of China held a press conference on August 30th to interpret the financial functions loaded in the social security card. The social security card number is your ID number. Can it be substituted for each other?

The social security card loaded with financial functions can be used as an ordinary bank card while having the basic functions of information recording, information inquiry and business handling of social security cards. Li Dongrong, assistant to the governor of the People's Bank of China, said that social security cards are used for financial applications such as cash deposit and withdrawal, transfer and consumption, and have a strict key management system, so the possibility of being forged is low.

Li Dongrong said that the loading of bank applications is limited to debit applications and does not include credit applications, so the settlement scope is strictly limited. Considering that the social security card loaded with financial function serves the insured in a vast area, the scope of use is also in China. Loading applications should not only comply with payment and settlement regulations, but also comply with anti-money laundering and personal confidentiality regulations.

The financial function of "social security card" is a new breakthrough of the times and needs people's comprehensive interpretation. Only in this way can we use it accurately.