Analysis of why bank cards should be replaced from magnetic stripe cards to chip cards?

Magnetic stripe cards and drip cards are the smart cards we used to use, but with the continuous development of information technology, many places are now updating and replacing magnetic stripe cards with chip cards. Now the bank cards in the financial industry are changed from magnetic stripe cards to chip cards, so why should bank cards be changed from magnetic stripe cards to chip cards? Lets analyze Shenzhen Card Cube Smart Card Technology Co.

Bank chip card

Recently, according to the report, we learned that banks will no longer issue magnetic stripe cards next year, but financial drip cards. This means that magnetic stripe cards have been with us for decades and will soon say goodbye to an era and smart card market. The drip card will be the new focus of promotion. However, this actually brings a new perspective to the rest of our industry. Why should bank cards, the largest issuer and largest user, abandon magnetic stripe cards in favor of the more expensive drip cards? Analyze from the following points.

1 As far as the international environment is concerned, foreign countries have already popularized smarter environment drip cards in order to adapt to the global economic changes and use of the environment, the change of cards should also be in line with the trend of the times.

2 From the perspective of the payment environment, with the continuous upgrading of smart devices, the requirements are increasingly high, the traditional magnetic stripe card can not adapt to the new smart devices, limiting the scope of use of the card, upgrade, better serve the user, to achieve efficient payment function.

3 From the point of view of the card itself, the magnetic stripe card, although low cost, but low security drip rubber card that

Analysis of why the bank card from the magnetic stripe card to replace the chip card?

In terms of security, it is not easy to forge, not easy to occur; at the same time, from the perspective of portable payment, drip rubber card contactless swipe payment flash card.

4 In terms of policy, the national gold card project to support the intelligent development of the drip rubber card in 2011, the central bank issued a "promote financial development" drip rubber card "card application opinions" also promote the drip rubber card step by step forward.

Then, the bank card changes to our drip rubber card industry inspiration is what?

1 security, upgrade for card, the first purpose is security, to bring security to the user, so that users feel at ease to use.

2 Expansion, drip rubber card is scalable, can realize a card multi-purpose, a card network.

3 At present, many industries still continue to use magnetic stripe cards as membership cards. With this change of card situation, the use of other industries is bound to upgrade and improve the quality of card use.

4 Smart, in fact, smart payment or use cards are not only reflected in bank cards, but should be used by more industries, not only for payment functions, but also to help promote and create an image.

5 The purpose of changing cards is to pay efficiently. The technology is a new challenge for the card industry with drip adhesive cards.

As drip card cube smart card is a member of the card industry, but also keep pace with the times, the development trend, to provide customers with better products, the use of drip card not only lies in the change of bank cards, but also in our security system, campus card system, driving school management system, bus system, etc. We do not want it to be limited to a certain industry, or fixed in a certain field, should play a greater role drip card intelligent function .