Chip card replaces magnetic stripe card to improve the security of bank card?

1. Chip card replaces magnetic stripe card to improve the security of bank card.

2. The reason is that there is a small integrated circuit board in the chip of the chip card, which can write the cardholder's personal information into the chip, and the encryption performance is much better than that of the magnetic stripe card. The magnetic stripe card can read the personal information with the card reader, but the chip card can't read it with the card reader, so it has higher security performance and can effectively protect the personal information of users.