To open ICBC's online banking, you must use an electronic cipher for authentication, and you must use an electronic cipher for payment. If you are given a password card or U shield when you open online banking, you don't need an electronic password device when you pay online.

To supplement your question: you are an electronic password user, so you definitely need electronic password authentication to remit money on the online banking. If you have opened fast payment in Alipay, you don't need electronic password equipment to pay through Alipay.