With the development of domestic online finance, traditional banks are constantly upgrading credit card issuance. In addition to the original physical credit card products, many banks have recently begun to issue electronic credit card products. I believe many users haven't had time to understand what an electronic credit card is, so what's the difference between an electronic credit card and a physical card?

1, repayment method

Electronic cards can only be repaid online, such as Alipay, WeChat and mobile banking. Physical card, in addition to online transfer repayment, can also be inserted into ATM for deposit repayment.

2. Card issuing form

Electronic card is actually a kind of virtual credit card, which has no physical card and consists of a group of virtual cards, CVV2 code, expiration date and other information. The physical card is a real card, and the bank sends us a physical card, which can be touched by hand.

3. Credit card form

Although electronic cards do not issue physical cards, they can still be swiped. However, you need to use mobile payment tools, such as Alipay, WeChat and China UnionPay Express. And enter credit card information on these platforms to bind the card, so that you can pay by mobile phone, or scan the code, and of course you can also spend online.

Physical card, the form of swiping is not limited, you can swipe your card directly on the POS machine with a credit card, or you can bind online payment such as WeChat Alipay; Of course, if the card is bound to the mobile payment instrument, it can also be paid through the mobile payment instrument.