Agbank's push IC chip debit. It is the first case
Agricultural bank of China recently launched the first chip IC CARDS. It is understood that the card information is stored in the smart chip, compared with the traditional magnetic stripe CARDS, card within the sensitive data is hard to be copied, not easy to be faked, coupled with multiple trade certification process, to ensure the security of cardholder's bank account.
In recent years, the credit card stolen brush, cloned increasingly serious cases, "safety first" has become a necessary premise with card. Used currently on the market for magnetic stripe CARDS, magnetic stripe card is the most important data is "the magnetic stripe information". In use process, the user as long as in the POS machine to pay by credit card or an ATM, will leave the card's magnetic stripe information on the machine. Some criminals on the POS device stolen card, after the customer's credit card, the stolen device will record the magnetic stripe information of credit card. While IC chip can avoid these problems.
Now to deal with agricultural bank of IC CARDS free of cost, the annual fee waiver for life, the national city free deposit and extraction of the excess payment from bank charges.
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