The PBC will strengthen its cooperation with competent departments in other sectors, set up management coordination mechanism, draw up blueprint for cross use of bankcard and sector card, actively guide the integration of different sector card standard with that of financial IC card, promote financial IC card to become the major IC card standard, and achieve coordinated development.
Third, commercial banks are encouraged to enter other sectors through the issuance of joint-branding card, which is basis for the final integration. Commercial banks should also pay close attention to the operation, financial situation and fund use of their card coissuing partners, so possible risks can be prevented.