Credit cards can be divided into magnetic stripe cards and smart cards. At present, magnetic stripe cards are slowly withdrawing from the market. Let's talk about what magnetic stripe cards and smart cards are.

a magnetic stripe card is a credit card with a magnetic stripe code or a magnetic tape stuck on its surface (or embedded inside), in which the cardholder's relevant information is recorded.

compared with traditional credit cards, smart cards are a new generation of credit cards, which are produced by using high-tech IC chip manufacturing technology.