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Amendment to ICBC Digital Wallet Terms and Conditions (wef 25th March 2021)
 

Dear Valued Customer, 

With effect from 25th March 2021, please be informed that ICBC Digital Wallet Terms and Conditions (“Terms”) will be amended. Changes to the Terms relate to the addition of QR Code as a payment method in connection with a Digital Wallet transaction.

A summary of the changes are as follows.

Definitions
Clause 1: New Definitions

“Merchant” means merchant designated by the Digital Wallet Provider from time to time who accepts payment for goods and/or service via Digital Wallet.

“QR Code” means the two-dimensional barcode which may be used by Cardholders to effect payments in connection with a Digital Wallet transaction, either through Merchant-presented mode (i.e. QR Code displayed by Merchant) or Cardholder-presented mode (i.e. QR Code generated by the Cardholder).

Use of Digitised Card
New Clause 3(e) Where applicable, Digital Wallet enables Cardholders to effect payments by either scanning QR Code displayed by Merchant or Cardholder presenting own generated QR code for Merchant to scan.
Please click here to view the revised Digital Wallet Terms and Conditions. 

Thank you for banking with us.

 

Yours Sincerely,
Industrial and Commercial Bank of China Limited, Singapore Branch

25 March 2021