Yes, bank cards will be stolen. A large part of the reason is that the chip embedded in the card contains personal information, so once the information is stolen by others, the card is likely to be stolen.

1. Bank cards refer to credit payment instruments issued to the public by approved commercial banks (including postal financial institutions) with all or part of the functions of consumer credit, transfer settlement, cash deposits and withdrawals, etc. Bank cards reduce the circulation of cash and checks, allowing banking business to break through the limitations of time and space and undergo fundamental changes. The application of the bank card automatic settlement system has made the dream of a "checkless, cashless society" a reality.

2. Bank card core replacement is due to the fact that the track information of traditional magnetic stripe cards is easy to be copied and there are security risks. In contrast, chip cards have key encryption technology and the encrypted information is randomly generated. Wang Yu, a senior risk expert at China UnionPay, said that there has never been an actual case in the world where chip bank cards have been copied, leading to counterfeit card fraud.

3. Judging from the contract signed between the bank and the customer, the bank requires the customer to replace the original magnetic stripe card with a chip card. This is a unilateral change to the original contract and should be negotiated with the consumer and agreed upon. Minimize adverse impacts on consumers. Bank card replacement will cause a lot of inconvenience to consumers. For example, card replacement is time-consuming and labor-intensive, and original bound transactions need to be readjusted due to changes in card numbers. Banks should adhere to the principle of consumer first and try their best to upgrade cards without changing numbers. Way.

4. Starting from June 1, 2015, the "Decision on Implementing Access Management of Bank Card Clearing Institutions" issued by the State Council will be implemented. China's bank card clearing market will be fully opened. International card organizations, domestic third-party payment institutions, banks and other qualified domestic and overseas institutions can participate in China's bank card clearing market.

5. Debit cards are divided into debit cards, special cards and stored-value cards according to different functions. Debit cards cannot be overdrawn. Debit cards have the functions of transferring money, depositing and withdrawing cash, and spending money. A special card is a debit card used in a specific area and for special purposes (referring to purposes other than department stores, restaurants, and entertainment industries). It has the functions of transferring funds, depositing and withdrawing cash. A stored-value card is a prepaid wallet-style debit card in which the bank transfers funds to the card for storage at the request of the cardholder and directly deducts funds from the card during transactions.