ICBC has recently launched its new service — QR code withdrawal, with which customers can simply use the “Scan QR Code” function in the ICBC mobile application to scan the QR code on the ATM screen. Withdrawal can be instantly completed without any physical token, making mobile banking a real “wallet” for customers.

According to ICBC, this new, safe and fantastic service is aimed at customers in urgent need of money but with no card or cash at hand. To use the service, customers may choose “QR Code Withdrawal” on the initial interface, scan the QR code with ICBC’s mobile app, input the withdrawal amount, and choose “Withdraw” on the ATM screen to finish withdrawal after ICBC e Payment verifies the request. For customers having enabled the function of “One-Click Payment” on mobile app, no mobile phone number, account number or verification code is needed in the process. Only the static payment password is needed for withdrawal, further improving customer experience.

An ICBC official said that the brand-new mobile banking service ICBC Mobile was officially launched at the end of last year. The app can not only cover most of the non-cash financial services, but also launches innovative products such as cash withdrawal reservation, SMS queuing, WeChat Shake and automatic cash pooling as well as unique services such as mobile phone recharge, utility bill payment, traffic fine payment and wealth management. Positioned as a comprehensive financial service platform, the app is dedicated to providing all-round,diversified mobile financial services for customers. By the end of the first quarter this year, ICBC Mobile has already had 203 million users. In the first quarter, the number of newly registered users increased by 78.69% on a yearly basis and the transaction totaled RMB 4.25 trillion, representing a year-on-year growth of 115%.