One, the medium is different
Chip bank card that is the financial IC card, the front of the card has a chip, support flash payment function. The magnetic stripe card is the use of magnetic carriers to record English and digital information, used to identify the identity or other purposes of the card. Through the definition can be seen, the two carriers are different, one is the use of chip, one is the use of magnetic stripe. Of course, the chip card is divided into a pure chip card and magnetic stripe chip composite card, magnetic stripe chip composite card than the magnetic stripe card more than a chip.
Two, the security factor is different
Chip card capacity, can store secret keys, digital certificates, fingerprints and other information, the card has a good read-write protection data encryption protection, and in the use of protection to take a personal password, card and reader two-way authentication, to prevent the card data is copied, has a higher level of security. Magnetic stripe card in the write magnetic equipment will be used by lawbreakers to carry out the theft of counterfeit cards, the security factor is lower.
Three, the working principle is different
Chip card than the magnetic stripe card more than a chip, in addition to the payment to brush the magnetic stripe, but also to verify the chip.
One, chip card
Chip card not only supports debit and credit, e-cash, e-purse, offline payment, fast payment and many other financial applications, but also can be applied to finance, transportation, communications, commerce, education, medical, social security and tourism and entertainment and other industry sectors, truly realize the multi-functionality of the card, to provide customers with richer value-added services.
Two, magnetic stripe card
Magnetic card is a card-like magnetic recording medium, the use of magnetic carriers to record characters and digital information, used to identify identity or other purposes. Magnetic card made of high-strength, high-temperature plastic or paper-coated plastic, moisture-proof, abrasion-resistant and have a certain degree of flexibility, easy to carry, the use of more stable and reliable. For example, we use the bank card, is one of the most common magnetic stripe card.
Baidu Encyclopedia - Chip Card