OREANDA-NEWS. November 20, 2013. The number of financial IC cards issued by Agricultural Bank of China Limited (ABC) exceeded 100 million, ranking the first among its peers.

In the past two years, ABC paid great attention to development of financial IC cards and stepped up efforts in the card issuance, handling channel renovation, industrial application expansion and small-volume business district building etc. As a result, it launched several popular IC card products such as Southeast Asia tourism cards, online shopping cards, Kins QQ cards and China tourism cards.

As introduced, so far, ABC has completed handling environment improvement for ATMs, self-service terminals, mPay and POS terminals, becoming China’s first financial institution to realize full landline support for financial IC cards.

On the basis of optimizing the issuance system of financial IC cards, ABC developed a multi-application platform supporting multi-industry application and a general individualized platform to promote cooperation with other industries. It has launched over 100 cooperation projects, with industrial application covering social security, traffic management, mobile payment, community management, member management, public service and comprehensive service. In 18 provinces such as Guangdong, Hunan and Chongqing, ABC issued over 25 million IC social security cards with financial functions. In 6 provinces such oas Tianjin, Shanghai and Jiangsu, it issued more than 4.8 million traffic-related application cards. It also issued over 3.8 million citizen cards in 17 provinces such as Fujian, Liaoning and Ningbo, and more than 1 million resident health cards in 6 provinces such as Shanghai, Sichuan and Hubei.

ABC will continue to step up efforts in financial IC card issuance and deepen and accelerate application of the cards in public services. It will also focus on building the soft environment so as to create a favorable development atmosphere.