Hello, the international organization’s credit card swiping channel only recognizes signatures and does not use passwords. This is a common practice. In China, purchases are generally based on signatures and passwords. As far as credit cards are concerned, if they are lost, the risk is limited:

1. The cardholder can call the bank’s customer service number, and then the credit card will be reported as lost and will not be used again. At the same time, some banks currently provide some guarantees with zero risk of loss reporting, that is, the bank will pay for the losses incurred before the loss is reported;

2. The person who finds it can only spend money on the Pose machine. This is It is said that shopping is the main purpose, but if you want to withdraw money with credit cards from China Merchants Bank and other banks, you need a password at the counter or ATM. This password is sent to the customer by the bank in the form of a password letter, and there is no default password;

3. If the cardholder finds that his credit card has been stolen, he can file an account dispute with the bank. As long as the signature on the receipt received by the bank for the card transaction does not match the signature of the cardholder when applying for the card, the cardholder will file an account dispute with the bank. It can be determined that the transaction was not carried out by the cardholder. In addition, our bank provides complete protection for lost cards, which is aimed at customers who only rely on signatures for purchases. You can check it on our credit card website.

If you have other questions, please open the China Merchants Bank homepage www.cmbchina.com and click "Online Customer Service" in the upper right corner to enter the consultation.