Can ETC be stolen?
1 Answers
ETC devices are divided into three types of cards: prepaid cards, debit cards, and bank co-branded cards. The possibility of theft varies among these three types of cards. Prepaid Card: Users must top up before using it. This type of card is not linked to a bank card and can only be used after the user has deposited funds into it. Therefore, it does not have the quick payment and deduction functions of cash transactions, nor can it be recognized or stolen by POS devices. Debit Card: This product includes two types: corporate debit cards and bank debit cards. Corporate debit cards are electronic payment cards for highways issued by provincial network companies to corporate users, allowing one account to correspond to multiple cards and vehicles, enabling fund transfers, invoice printing, and reducing corporate vehicle management costs. Bank debit cards are electronic payment cards for highways jointly issued by provincial network companies and partner banks, linked to designated bank cards or accounts, and can be used without topping up. Debit cards carry the risk of being stolen by POS devices that support quick payment. Bank Co-branded Card: This card allows users to spend first and repay later, combining financial functions with highway electronic payment. It can be used without topping up and features the integration of two cards into one. This type of ETC bank co-branded card is essentially a bank card with quick payment functionality. Since it has and enables the "small amount, no password, no signature" feature, when this card is inserted into an in-vehicle ETC device, it may be stolen if encountered by a POS device that supports quick payment.
