How to swipe the Bank of Communications credit card without a chip

If the credit card does not have a chip, it means that the credit card is a magnetic stripe card. The magnetic stripe card is the same as the chip card. You can just insert the card and swipe it normally. Users need to be careful not to use their credit cards for illegal operations such as cashing out when swiping their cards. Once any illegal operations occur, it will affect the user's normal use of the credit card.

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How to swipe a POS machine without a credit card chip and the principle of swiping a credit card POS machine

1. How to swipe the POS machine without a credit card chip

Credit cards without chips are called magnetic stripe cards. If you want to swipe the card at the POS machine, you can put the card into the side card slot of the POS machine and swipe it. , and then pay the password and signature on the POS machine. If the card has the Quick Pass function and the POS machine also supports Quick Pass, you can complete the payment by waving the card close to the sensing area of ??the POS machine.

2. POS machine

POS (Pointofsales) means "point of sale" in Chinese, and its full name is point of sale information management system. It is a terminal equipped with barcode or OCR code technology. Reader with cash or barter limit cashier function. Its main task is to provide data services and management functions for commodity and media transactions, and to conduct non-cash settlement.

POS is a multi-functional terminal that can be installed in credit card merchants and acceptance outlets and connected to a computer network to realize automatic transfer of electronic funds. It supports consumption, pre-authorization, and balance. Functions such as inquiry and transfer are safe, fast and reliable to use. It is difficult to obtain basic business information in bulk transactions. The introduction of POS systems is mainly to solve the blind spots of information management in the retail industry. An important part of the chain store management information system.

2. Classification of POS machines

Based on communication methods, POS machines can be divided into fixed POS machines and wireless POS machines.

1. Fixed POS machine: merchants suitable for integrated transformation projects. :

The advantages are: (1) Software upgrade and maintenance are relatively easy; (2) Network dial-up method has fast dial-up speed; (3) POS transaction clearing is relatively easy.

The disadvantages are: (1) Online operation is required (2) Guests need to pay at the cashier.

2. Wireless POS machine: suitable for merchants that collect payments at guests’ residences.

The advantages are: (1) wireless operation; (2) free payment location; (3) small size.

The disadvantages are: (1) The communication signal is unstable; (2) Data is easily lost; (3) The cost is high.

Does Bank of Communications credit card need to be replaced with a chip card?

Bank of Communications credit card needs to be replaced with a chip card, and customers do not need to replace it.

Traditional bank magnetic stripe debit cards currently have a large number of customers. However, magnetic stripe cards are limited to traditional bank card financial service functions such as fund deposits and withdrawals, transfers, and consumption. In the current various consumption environments, especially in emerging third-party applications, customers often need to purchase multiple cards per person, which is not convenient and also creates certain risks.

Chip IC cards can solve the above problems. However, in the past, replacement required customers to open a new card and change the original debit card, which had a certain impact on customers' use of bank cards and fund collection and payment. Bank of Communications invested a lot of human, financial and intellectual resources to successfully develop the function of magnetic stripe card and IC card replacement.

Extended information:

Bank of Communications Pacific Debit Card customers can enjoy the "triple conveniences" of the upgraded IC debit card without replacement:

Firstly, customers do not need to replace the contract agreement after changing their cards;

Secondly, the card functions are more complete and can be extended to other industries such as public transportation, social security, medical insurance, provident fund, etc., as well as access control, identity recognition, etc. , third-party applications;

Third, the use of funds is safer, reducing the financial risk of customers using card transactions.

People's Daily Online - Bank of Communications debit card upgrade from magnetic stripe card to chip card without changing number

That's it for the introduction of Bank of Communications credit card without chip.