Shanghai Public Transport Card
The Shanghai Public Transportation Card (SPTC) ( also known as ) is a contactless card, utilising RFID technology, which can be used to access many forms of public transport and related services in and around Shanghai. Shanghai public transportation card is also provided in the form of Apple Pay as well as QR codes, which are accessible through WeChat, Alipay, APPs and miniprograms, and enjoy the same price discounts as cards. Uses The SPTC is a form of rechargeable cash card, and allows access to, among other things in Shanghai: *Metros *Airport maglev *Trams *Buses and trolleybuses *Ferries *Taxis *Tourist centers *Car parks *Fuel stations *Expressways *Auto repair service However, often taxis are driven by a driver other than the registrant of the vehicle and they would turn down the Card. Among the list above, metro, maglev, trams, buses, trolleybuses and ferries also accept Shanghai Public Transportation QR codes. Shanghai's latest transportation card (red backgro ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shanghai
Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. The population of the city proper is the List of largest cities, second largest in the world after Chongqing, with around 24.87 million inhabitants in 2023, while the urban area is the List of cities in China by population, most populous in China, with 29.87 million residents. As of 2022, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product (GDP (nominal), nominal) of nearly 13 trillion Renminbi, RMB ($1.9 trillion). Shanghai is one of the world's major centers for finance, #Economy, business and economics, research, science and technology, manufacturing, transportation, List of tourist attractions in Shanghai, tourism, and Culture of Shanghai, culture. The Port of Sh ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Transport In Shanghai
Transport in Shanghai is provided by an extensive network of modes including Shanghai Metro, metro, cycling, bus (incl. trolley bus) and taxicab, taxis, as well as an expansive network of roadways, and airports. Shanghai has invested heavily in public transportation before and after the 2010 World Expo, including the construction of the Hongqiao transportation hub of high-speed rail, air, metro and bus routes. Public transport is the major mode of transport in Shanghai as limitations on car purchases were introduced in 1994 in order to limit the growth of automobile traffic and alleviate congestion. New private cars cannot be driven without a license plate, which are sold in monthly license plate auctions which is only accessible for locally registered residents and those who have paid social insurance or individual income taxes for over three years. Around 9,500 license plates are auctioned each month, and the average price is about () in 2019. Shanghai (population of 25 million ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shanghai Railway Station (Shanghai Metro)
Shanghai Railway Station () is an interchange station between lines 1, 3 and 4 on the Shanghai Metro. It is one of the stations where Line 3 and Line 4 share the same tracks and elevated platforms. The transfer between Line 1 and lines 3 and 4 is actually quite long and would take around 8 minutes without suitcases. Both metro stations are located on the opposing sides of the train station with a long tunnel connecting both platforms. Passengers transfer between Lines 1 and 3/4 would require two single-journey tickets or separate scans of QR Code. However, fares paid using physical or digital Shanghai Public Transport Card would be calculated as a single journey provided the transfer is completed within 30 minutes. In addition to being an interchange between metro lines, the station facilitates transfer to Shanghai's main railway station. A tunnel leads directly from the concourse of the metro station to the concourse of the railway station. This station served as the nort ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Shanghai Metro
The Shanghai Metro (; Shanghainese: ''Zaon6he5 Di6thiq7'') is a rapid transit system in Shanghai, operating urban and suburban transit services to 14 of its 16 List of township-level divisions of Shanghai, municipal districts and to the neighboring township of Huaqiao metro station (Kunshan), Huaqiao, in Kunshan, Jiangsu Province. Forming the vast majority of the broader, multi-operator Shanghai rail transit network, the Shanghai Metro system is the world's List of metro systems, second longest metro system by route length, totaling and the List of metro systems, second largest system by number of stations, with List of Shanghai Metro stations, 508 stations across 19 lines. It also ranks Metro systems by annual passenger rides, first in the world by annual ridership, with 3.88 billion rides delivered in 2019. The last daily ridership record was set on 9 March 2024, at 13.39 million rides. Since the COVID-19 pandemic, pandemic, ridership still routinely stands at over 10 millio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Overdraft
An overdraft occurs when something is withdrawn in excess of what is in a current account. For financial systems, this can be funds in a bank account. In these situations the account is said to be "overdrawn". In the economic system, if there is a prior agreement with the account provider for an overdraft, and the amount overdrawn is within the authorized overdraft limit, then interest is normally charged at the agreed rate. If the negative balance exceeds the agreed terms, then additional fees may be charged and higher interest rates may apply. By analogy, overdrafting of an aquifer refers to extraction of water faster than it will be replenished. History in finance The first overdraft facility was set up in 1728 by the Royal Bank of Scotland. The merchant William Hogg was having problems in balancing his books and was able to come to an agreement with the newly established bank that allowed him to withdraw money from his empty account to pay his debts before he received h ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Near Field Communication
Near-field communication (NFC) is a set of communication protocols that enables communication between two electronic devices over a distance of or less. NFC offers a low-speed connection through a simple setup that can be used for the bootstrapping of capable wireless connections. Like other proximity card technologies, NFC is based on inductive coupling between two electromagnetic coils present on a NFC-enabled device such as a smartphone. NFC communicating in one or both directions uses a frequency of 13.56 MHz in the globally available unlicensed radio frequency ISM band, compliant with the ISO/IEC 18000-3 air interface standard at data rates ranging from 106 to 848 kbit/s. The NFC Forum has helped define and promote the technology, setting standards for certifying device compliance. Secure communications are available by applying encryption algorithms as is done for credit cards and if they fit the criteria for being considered a personal area network. NFC ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cash Card
A stored-value card (SVC) or cash card is a payment card with a monetary value stored on the card itself, not in an external account maintained by a financial institution. This means no network access is required by the payment collection terminals as funds can be withdrawn and deposited straight from the card. Like cash, payment cards can be used anonymously as the person holding the card can use the funds. They are an electronic development of token coins and are typically used in low-value payment systems or where network access is difficult or expensive to implement, such as parking machines, public transport systems, and closed payment systems in locations such as ships. Stored-value cards differ from debit cards, where money is on deposit with the issuer, and credit cards which are subject to credit limits set by the issuer and are connected to accounts at financial institutions. Another difference between stored-value cards and debit and credit cards is that debit and cr ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Renminbi
The renminbi ( ; currency symbol, symbol: Yen and yuan sign, ¥; ISO 4217, ISO code: CNY; abbreviation: RMB), also known as the Chinese yuan, is the official currency of the China, People's Republic of China. The renminbi is issued by the People's Bank of China, the Central bank, monetary authority of China. It is the world's Template:Most traded currencies, fifth-most-traded currency as of April 2022. The Yuan (currency), yuan () is the basic unit of the renminbi. One yuan is divided into 10 Jiao (currency), jiao (), and the jiao is further subdivided into 10 Fen (currency), fen (). The word ''yuan'' is widely used to refer to the Chinese currency generally, especially in international contexts. Valuation Until 2005, the value of the renminbi was Fixed exchange-rate system, pegged to the United States dollar, US dollar. As China pursued its Chinese economic reform, transition from planned economy, central planning to a market economy and increased its participation in foreign ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Alipay
Alipay () is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company Ant Financial remains Hangzhou-based. Alipay overtook PayPal as the world's largest mobile (digital) payment platform in 2013. As of June 2020, Alipay serves over 1.3 billion users and 80 million merchants. According to the statistics of the fourth quarter of 2018, Alipay has a 55.32% share of the third-party payment market in mainland China, and it continues to grow. Along with WeChat, Alipay has been described to be China's super-app with a wide range of functionalities including ridesharing, travel booking and medical appointments. History The service was first launched in 2003, by Taobao. The People's Bank of China, China's central bank, issued licensing regulations in June 2010 for third-party payment providers. It also issued ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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WeChat
WeChat or Weixin in Chinese ( zh, c=微信, p=Wēixìn , l=micro-message) is an instant messaging, social media, and mobile payment mobile app, app developed by Tencent. First released in 2011, it became the world's largest standalone mobile app in 2018 with over 1 billion monthly active users. The Chinese version of WeChat, Weixin, has been described as China's "app for everything" and a super-app because of its wide range of functions. WeChat provides text messaging, hold-to-talk voice messaging, broadcast (one-to-many) messaging, video conferencing, video games, mobile payment, sharing of photographs and videos and location sharing. Accounts registered using Chinese phone numbers are managed under the Weixin brand, and their data is stored in mainland China and subject to Weixin's terms of service and privacy policy. Non-Chinese numbers are registered under WeChat, and WeChat users are subject to a more liberal terms of service and better privacy policy, and their data is st ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |