A bank card that meets the national financial industry standards and has all or part of financial functions such as consumer credit, transfer settlement, cash deposit and withdrawal, and other commercial services and social management functions.
The first generation card refers to the magnetic stripe card, and the magnetic stripe card refers to the magnetic recording medium bank card, which has three tracks to record magnetically encoded information. Because the first-generation card is often degaussed, which affects the cardholder's experience and is easy to be stolen, the People's Bank of China has introduced the second-generation card.
Financial IC card has the characteristics of large data storage capacity and high security, and can realize non-contact (flash payment) application. It is an intelligent product based on traditional financial payment, which can be seamlessly extended to other industries for micro-payment.
Multi-application financial IC card can realize government public service management function and financial payment function, and can support cross-industry, cross-platform and multi-functional applications.
The magnetic stripe card is relatively simple, and the magnetic stripe information is easy to copy. The magnetic stripe card can be forged by copying the track information of the bank card with a magnetic stripe information stealing device, and the magnetic stripe card can be stolen by stealing the cardholder's password on the self-service machine terminal with a pinhole camera. Financial IC card has realized hardware upgrade and has a perfect key system.
Bank card refers to a credit payment tool issued by commercial banks (including postal financial institutions) with all or part of the functions of consumer credit, transfer settlement, cash deposit and withdrawal, etc. Bank card reduces the circulation of cash and checks, which makes the banking business break through the limitation of time and space and undergo fundamental changes. The application of bank card automatic settlement system makes the dream of "no cheque, no cash society" come true.
Classification method
Under normal circumstances, bank cards are divided into credit cards and debit cards according to whether credit lines are granted to cardholders. In addition, bank cards can also
According to different information carriers, it is divided into magnetic stripe card and chip card;
According to whether the issuer is in China, it is divided into domestic cards and overseas cards;
It is divided into personal cards and unit cards according to different issuers;
According to the different currencies of accounts, they are divided into RMB cards, foreign currency cards and dual currency cards.
debit card
Debit cards are divided into transfer cards, special cards and stored value cards according to different functions. Debit cards cannot be overdrawn. The transfer card has the functions of transfer, cash deposit and withdrawal and consumption. Special card is a special-purpose debit card used in a specific area (except for department stores, restaurants and entertainment industries). It has the functions of transferring money and depositing and withdrawing cash. Stored value card is a prepaid wallet debit card in which the bank transfers funds to the card for storage according to the cardholder's requirements, and directly deducts money from the card during the transaction.
Debit card can be used for online or POS consumption or ATM transfer and withdrawal, and cannot be overdrawn. Interest is paid on the amount in the card according to the current deposit. When spending or withdrawing money, the funds are directly withdrawn from the savings account. Debit cards usually require a password when used. Debit cards can be divided into ordinary cards, gold cards and platinum cards according to their grades; According to the scope of use, it can be divided into domestic cards and international cards.