1 . It’s not so long ago that contactless card payments were exciting and new, but the technology is already old-hat. The new, better way to pay for things in shops? By using your phone to make a contactless payment.
Because traditionally, when you have paid with a card tap (轻敲) or using a chip and pin machine, ultimately the shop you are buying from will be noting down all of your card details.
However, when you tap to pay with your device, it generates a unique ID number for that deal and sends that instead. So you can pay for your goods and the shop can get your money.
Want to give it a try? To actually set things up, go to your Wallet app and follow the instructions.
A.It helps to build the client list. |
B.The setup process varies with banks. |
C.No one needs to share any sensitive data. |
D.It’s also more effective against the threat of thefts. |
E.And phone payments are increasingly convenient too. |
F.Typically this starts by scanning your card with your phone. |
G.Therefore, it knows which bank account to take the money from. |
2 . What is PayQwiq?
PayQwiq is a fast and secure payment service that helps you go quickly through the Tesco checkout. It lets you add your credit or debit card details to the app so you can use your smartphone to pay for your shopping with just one scan. Not only that but it collects your Clubcard points automatically. This means you can now go wallet-free in all UK Tesco stores. So why not give it a go? It only takes a moment to download and you will receive these benefits:
Collect your Clubcard points automatically
Pay for your weekly shop up to £250
Use payQwiq offline, even with no signal
Track your spending in Tesco
Sign up to PayQwiq and collect 100 extra Clubcard points for each week you pay with the app, for up to 5 weeks—that’s up to 500 extra points.
Available to new customers who sign up by 3 September 2018 and make all payments by 31 October 2018. One offer per customer. Only one qualifying deal per week will collect the extra points. Additional payments in the same week will not receive extra points. Clubcard points will be added to a future Clubcard statement.
How does it work?
Head to the App Store or Google Play to download the PayQwiq app. As soon as you’ve added your card details, you’ll be ready to shop using just your phone. And there’s no need to worry about your bank details being stored on your phone—they’re all securely protected in our data centers. So not only it is quicker and easier, it’s safer too.
1. What can customers do if they use PayQwiq in UK Tesco stores?A.Win 500 extra points at a time. | B.Budget their everyday spending. |
C.Get Clubcard points automatically | D.Pay for their weekly shop without limit. |
A.Users must sign up by 3 September 2018. |
B.Users needn’t add their payment card information. |
C.PayQwiq can guarantee both convenience and safety. |
D.PayQwig can be downloaded only from the App Store. |
A.To ensure the safety of PayQwiq. | B.To popularize the use of PayQwiq. |
C.To stress the importance of PayQwiq. | D.To describe the feasibility of PayQwiq. |
1. What does the woman suggest the man do?
A.Go to the Electric Company Office. |
B.Pay electric bill first. |
C.Open a checking account. |
A.In cash. | B.By check. | C.By phone. |
A.$5. | B.$7. | C.$8. |
5 . When you make an order on Taobao, you know the money you pay doesn’t go directly to the seller. Instead, it goes through Alipay (支付宝), which keeps your money for a while. Then Alipay gives the money to the seller.
Most online sellers and shoppers like the third party online payment, but banks are not happy.
Whether Alipay or WeChat payment, they are both trying to attract more users and make online shopping easier. Both payments have made the best of QR code (二维码) technology.
A.But WeChat payment is not the same |
B.This is called “third party online payment” |
C.Among them, Alipay is the biggest in China |
D.The reason is that these companies fight over money with them |
E.More women shop on line than men |
F.Also, they promote sales through face recognition payment |
G.we can keep in touch with our family and friends |
6 . Is a cashless society possible for everyone?
There is no escaping our evolution into a cashless society. It would give rise to a new era for financial businesses, which are all carried out digitally. The key benefits would include lower crime rates, easier foreign businesses, and reduced risks and costs. The idea of a cashless society appears so wide-spread in our society.
Economic inequality and exclusivity (排他性)are fundamental issues still present worldwide.
In China, four out of every five payments are now cashless.
A.This problem can not be ignored. |
B.However, this is far from reality. |
C.We shouldn’t leave behind the poor. |
D.Nearly everything can be bought digitally. |
E.It isn’t just the unbanked who are at risk of being left behind. |
F.A cashless society might actually make these problems worse. |
G.We must ensure that people are still given freedom of choice regarding how they pay. |
7 . AI, 5G, cloud computing and other digital technologies are not only changing our lives but shaping the economy as well.
China’s six major commercial banks are stepping up digital wallet efforts to provide new drive for the e-CNY (数字人民币) trials in the country, as reported by Shanghai Securities News on March 23.
“The functions and properties of the-CNY are exactly the same as those of the paper currency, except that the form is digital,” said Mu Changchun, head of the People’s Bank of China’s Digital Currency Research Institute.
Many people are puzzled by e-CNY and electronic payments. “Digital currency has the characteristics of both paper money and electronic payment,” said Wu Qianhong, a professor at the School Electronic and Information Engineering, Beihang University. “In theory, digital currency can replace paper money, Alipay and WeChat payments.”
Compared with Alipay and WeChat payments, e-CNY features anonymity (匿名性) and security. E-commerce platforms that accept payments via e-CNY will not have access to user’s personal information. E-CNY users can open an anonymous digital wallet by registering a mobile phone number, and telecom operators cannot disclose (泄露) customer information to the central bank or any third-party institutions. Mu noted that e-CNY user’s privacy protection is at the highest level among all the existing payment tools.
Similar to Alipay and WeChat payments, using e-CNY requires an account. After obtaining the other party’s account number, users can enter the amount of digital money to transfer (转钱) and then enter the payment password to complete the transaction (交易). However, the process behind these transfers are different. For electronic payments, the transfer has to go through a third party, and the receivers will get the transferred money only when they withdraw money from banks. But e-CNY transfers only need a payer and a receiver to complete a transaction. Therefore, it guarantees risk-free payments, according to Wu.
In simple terms, e-CNY can be considered “money”, while electronic payments are like “wallets”.
1. What can we know about e-CNY?A.It is issued by six major commercial banks. |
B.It combines paper money and electronic payment. |
C.It is designed to replace Alipay and WeChat payments. |
D.It has exactly the same function as other payment tools. |
A.By limiting access to personal information. |
B.By storing personal data in the central bank. |
C.By opening a unique digital wallet for each user. |
D.By linking telecom operators to a mobile phone number. |
A.E-NCY transfers require to go through a third party. |
B.E-NCY is more convenient than other electronic payments. |
C.E-NCY can be transferred without the receiver’s information. |
D.E-NCY and electronic payments ensure security in the same way. |
A.To promote the use of e-NCY. |
B.To inform readers of digital RMB. |
C.To compare different types of payments. |
D.To describe the impact of digital technologies. |
8 . You may have recently heard of NFT technology, which permits digital works of art to be collected and sold for millions of dollars.
But why would people pay so much money for something they cannot even touch? And what is driving the current rise in NFTs?
What is an NFT?
NFT stands for non-fungible token(非同质化代币).
What kinds of things are NFTs?
What do critics say about NFTs?
Critics note that traditional art, like a painting, can be placed on a wall and looked at.
What are some prices for NFTs?
In February, a 10-second video showing an image of former U. S. President Donald Trump sold on an NFT marketplace for over $6 million. The first-ever published tweet from Twitter founder Jack Dorsey recently sold for nearly $3 million.
It is too early to say if NFTs are good investments. But so far, many people have items that are worth more than what they paid for them. This is no guarantee, however, that such buyers will be able to sell their digital objects for a profit.
A.But digital art is different. |
B.Why do people like NFTs? |
C.Are NFTs good investments? |
D.It is something that only exists in the digital world. |
E.NFTs can exist in the form of images, video, music and text. |
F.Here are some basics to help you understand the technology. |
G.An NFT can be attached to other things existing in the digital form. |