The relevant information about Huaxia Credit Card without chip magnetic stripe is as follows

Many credit card users will find that their credit cards are different from savings cards, and they actually have no chips. In fact, most credit cards have no chips, but it does not affect the use of credit cards.

A careful cardholder will find that his credit card actually has a signature magnetic stripe. In fact, when swiping a credit card, you can swipe it directly through the magnetic stripe. Nowadays, pos machines are equipped with bar code or OCR code readers, all of which have transaction functions, so credit cards without chips can also be swiped through POS machines.

when the cardholder swipes the card with the POS machine, the card reader of the POS machine will read the magnetic stripe information of the credit card. After reading, the merchant inputs the transaction amount, and the cardholder can input his own transaction password as required. After completing the above operations, the POS will send all the above information to the bank corresponding to the issuing bank, and then conduct online transactions. After the transaction is successful, the relevant transaction receipt can be printed.

many users say that compared with magnetic stripe cards, the information in the chip card is difficult to++and degaussing is not easy, so can they replace their magnetic stripe cards with chip cards?

not all banks or card types support chip card replacement, so if you want to replace the magnetic stripe card, you can contact the customer service of your bank first, and then handle it if you can change the card.