1. Ordinary bank cards and savings cards are cards with magnetic stripes, while IC cards are bank cards with chips. Compared with ordinary magnetic stripe cards, ICs have a higher security factor and are less likely to be copied. .

2. IC general card refers to ordinary financial IC credit card. Under normal circumstances, banks will grade credit cards, namely diamond card, platinum card, gold card and ordinary card. Financial IC cards are financial instruments issued by commercial banks (credit unions) or payment institutions that use integrated circuit technology and can have other business services and social management functions.

3. Financial IC cards are divided into two types: contact type and contactless (quick pass). Contact financial IC cards can be used at POS and ATMs by inserting them into the card reading slot of the acceptance terminal. Contactless financial IC cards can complete payments at contactless payment terminals that support UnionPay QuickPass.

4. Under normal circumstances, the single payment amount with a contactless financial IC card does not exceed 1,000 yuan, and no signature or password is required. Financial IC cards have all or part of the financial functions of consumer credit, transfer settlement, and cash deposits and withdrawals.