The magnetic stripe card is easy to be stolen, and the chip card is safer.
According to the police, there are three kinds of bank cards circulating in the market: pure magnetic stripe cards with only magnetic stripes (payment by credit card); Financial IC card with chip only (credit card payment or touch payment is required); Composite card with both magnetic stripe and chip (swipe card, insert card and touch payment).
Users of magnetic stripe cards will leave the magnetic stripe information of bank cards on the machines as long as they swipe their cards at POS machines or ATM machines. Therefore, users with magnetic stripe cards are easy to be stolen and sometimes degaussed.
Chip card: financial IC card, also known as chip bank card, is a bank card with chip as the medium. Its information is stored in the smart chip, so it is difficult to copy the information in the card, and there are multiple transaction authentication processes, which can effectively guarantee the security of account funds.
Magnetic stripe chip composite card: The current magnetic stripe chip composite card has the functions of both magnetic stripe card and chip card, so its actual security is equivalent to that of magnetic stripe card, and it has no effect on preventing copying. Only by turning off its magnetic stripe trading function can it become a real chip card.
Therefore, from the security point of view, the chip card is much more difficult to copy than the magnetic stripe card, and the safety factor is relatively high.
It is reported that since May this year 1, the bank has completely closed the magnetic stripe transaction of chip magnetic stripe composite card! However, the central bank closed the "magnetic stripe transaction of chip magnetic stripe composite card", which means only for magnetic stripe and composite cards with chips. This card can only use the chip function from May this year, and the bank card with pure magnetic stripe can still be used and will not be affected.
How to use credit cards safely
First, before the transaction
Upon receipt of the credit card, immediately sign the signature on the back of the card.
When setting a password, never set the password to birthday, mobile phone number, house number, ID number, etc. Never use a simple number like11111,123456. Don't store the password in your mobile phone, and don't write it on the back of the bank card where others can easily see it. If you forget your password, you can apply for a password reset at a bank outlet with your UnionPay card and ID card.
Second, when trading.
Try to use unionpay financial IC card.
Don't let the card out of sight when doing bank card transactions.
When entering the password, you should shield it to prevent criminals from peeping.
Third, after the transaction.
Carefully check the card number, transaction date and transaction amount on the purchase order.
When the bank card consumption is abnormal, properly keep the transaction documents.
Check the card usage in time after receiving the bank card statement, and consult the issuing bank if you have any questions.
Finally, once the card is found stolen, the first thing to do is:
Keep evidence: go to a nearby store, ATM or bank to make a transaction immediately, and keep the transaction voucher to prove that the stolen transaction is not my own operation.
Freeze the bank card: call the customer service phone of the bank to freeze the bank card, reflect the situation and verify the transaction. The sooner you call, the better.
The police reminded that calling the police as soon as possible after the incident will help recover the stolen funds.