Unionpay Set Up A Reward And Reward Fund For Whistleblowers To Be Rewarded By 10000 Yuan

On August 13th, the China UnionPay set up a "piracy report" reward fund for flash payment double exemption businesses, and encouraged cardholders to actively report the crime clues of double payment free business fraudulent practices, and jointly with the public security departments and industrial parties to crack down on fraudulent practices and crack down on crime.

China UnionPay said that the China UnionPay would verify the individuals or units who reported the theft of related clues by double free businesses. For example, if the UnionPay card was not lost, it would be considered that the funds were transferred to the public security and judicial organs by the use of the flash double payment function and the investigation by the public security and judicial organs. It would be rewarded by 10000 yuan. And the UnionPay also gave out a set of data: the ratio of "double charge" and "free space" is controlled at two of ten million points.

According to the media, UnionPay recently optimized the flash payment double exemption service with the major commercial banks, opened a series of optimization measures for the flash payment double exemption business, and established a guarantee mechanism for the full payment of the risk of double payment free businesses. Normal use of credit card customers to avoid double embezzlement losses, confirmed verification can be paid in full, after the UnionPay audit pass, under normal circumstances, 2 working days can get compensation funds.