As long as the magnetic stripe information of the credit card is collected, it is not difficult to copy a credit card.

The prosecutor handling the case told reporters that at the beginning of this month, the Beijing Second Intermediate Court sentenced Bai and others for committing credit card fraud. In the second half of 2007, Bai, together with Wei, Zheng and Chen who worked as hotel cashiers in Dongguan City, Guangdong, used a magnetic card data collector to steal the uncoded credit card magnetic strip information used by guests when checking out, and then collected the information. He input the credit card magnetic stripe information into the computer and used a card writer to copy the information onto a blank or discarded card to make a counterfeit credit card that was the same as the real card. In half a year, he defrauded more than 900,000 yuan.

According to this situation, in the Zhu Hegui case, the few foreigners who actually held the cards may have been to China and had their credit card information stolen. In a previous interview, a staff member of the Municipal Banking Regulatory Bureau once said that in many areas of the country, including Ningbo, criminals have installed homemade devices on the access card readers at the entrances of self-service banks to steal money. The situation of obtaining depositors’ credit card information. Most current credit cards are magnetic stripe cards, which are easy to be copied. To solve this problem, we must vigorously promote chip cards. Chip cards can store huge personal data in the chip to achieve personalized risk management including authorization, credit limit and transaction control, thereby avoiding theft due to magnetic barcodes. And caused card security issues. However, since the price of chip cards is much higher than that of magnetic stripe cards, and it involves the upgrading of ATM machines and POS machines, the promotion of chip cards requires huge social costs and is not an easy task.