Why can’t I receive text messages even though I have activated the bank SMS service?

The bank card has activated text message reminders and cannot receive text messages in the following situations:

1. The account change notification service fee has not been paid in time within the grace period, and the system has suspended sending messages to the customer. Account change notification SMS.

2. The mobile phone may have insufficient memory space due to reasons such as saving too many text messages and cannot receive new messages.

3. The mobile phone number is in arrears with the operator's communication fees, and the service may have been suspended by the operator to which the mobile phone belongs, causing the mobile phone to be unable to receive text messages normally.

Bank cards refer to credit payment instruments issued to the public by approved commercial banks (including postal financial institutions) with all or part of the functions of consumer credit, transfer settlement, cash deposits and withdrawals, etc. Bank cards reduce the circulation of cash and checks, allowing banking business to break through the limitations of time and space and undergo fundamental changes. The application of the automatic bank card settlement system has made the dream of a "checkless, cashless society" a reality.

On March 18, 2019, the central bank released the overall operation of the payment system in 2018. As of the end of 2018, the number of bank cards in use and issued nationwide was 7.597 billion. Among them, a total of 686 million credit cards and debit cards are in use. The average Chinese person holds 5.46 bank cards, and on average every two people hold one credit card and debit card.

In addition, the scale of bank card credit increased moderately, and the proportion of total outstanding credit that was overdue for six months decreased. As of the end of 2018, the total amount of bank card credit in China was 15.4 trillion yuan, and the average credit limit of cards was 22,400 yuan. The total outstanding credit card credit balance overdue for six months was 78.861 billion yuan, accounting for 1.16% of the credit card payable balance, a decrease of 0.18 percentage points from the end of the previous quarter.

On April 22, 2019, China UnionPay released the "China Bank Card Industry Development Report (2019)". The report shows that in 2018, the UnionPay network’s transfer transaction value further increased its share of the global bank card clearing market and continued to rank first in the world. At the same time, the scale of bank card issuance and acceptance has further expanded. The total number of UnionPay cards issued globally has exceeded 7.59 billion. The global UnionPay card acceptance network has extended to 174 countries and regions, covering more than 53.7 million merchants and 2.86 million ATMs. Cards can be used to add value. Services are constantly being enriched.

On March 17, 2020, the central bank released the overall situation of the payment system operation in 2019. It showed that in 2019, the national payment system operated smoothly, the scale of social fund transactions continued to expand, and the payment business volume maintained steady growth. As of the end of 2019, the number of bank cards in use across the country was 8.419 billion, a year-on-year increase of 10.82%. The average number of bank cards held by each person in the country is 6.03, a year-on-year increase of 10.40%.

Among them, the average number of credit cards and debit cards held per capita was 0.53, a year-on-year increase of 8.36%. In 2019, 321.989 billion bank card transactions occurred nationwide, with an amount of 886.39 trillion yuan, a year-on-year increase of 53.07% and 2.82% respectively. In 2019, banks processed 223.388 billion electronic payment transactions, with an amount of 2607.04 trillion yuan. In 2019, non-bank payment institutions conducted 719.998 billion online payment transactions, with an amount of 249.88 trillion yuan, a year-on-year increase of 35.69% and 20.10% respectively.