What is the difference between a magnetic stripe card and an ic card? the difference is

Chip bank card is a kind of financial IC card, which is a bank card with chip as the medium. There is a chip on the front of the card to support the function of flash payment. Magnetic stripe card is a card that uses magnetic carriers to record English and digital information for identification or other purposes. As can be seen from the definition, the two carriers are different, one is a chip and the other is a magnetic stripe. Of course, chip cards are divided into pure chip cards and magnetic stripe chip composite cards, and magnetic stripe chip composite cards have one more chip than magnetic stripe cards.

Second, the safety factor is different.

Chip card has a large capacity (the storage capacity is 160 times that of magnetic stripe card), and can store information such as keys, digital certificates and fingerprints. The card has read-write protection and data encryption protection, and the use protection adopts personal password and two-way authentication between the card and the card reader to prevent the card data from being copied, which is more secure. The magnetic stripe card will be used by criminals to steal fake cards after passing through the magnetic writing equipment, and the safety factor is low.

Third, the working principle is different.

The chip card has one more chip than the magnetic stripe card, and it needs to verify the chip besides brushing the magnetic stripe when paying.

References:

IC bank card _ Baidu encyclopedia