中国的银行将逐步淘汰磁条卡

 BEIJING, Oct. 19 (Xinhua) -- Chinese banks will promote the use of chip cards and phase out magcards for security concerns.

Being more secure and convenient, chip cards, as an upgrade of magnetic ones, have become the majority of newly-issued bank cards in the country since being introduced in 2011, according to the People's Bank of China (PBoC).

Chinese banks to phase out magcardsThe PBoC has required that commercial banks upgrade their banking¹ systems and widen the use of chip cards. It also demanded that since 2015, the newly-issued bank cards with yuan-denominated clearing accounts should be chip ones in economically-developed areas.

1 banking   

n.银行业，银行学，金融业

参考例句：

• John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
• He possesses an extensive knowledge of banking.他具有广博的银行业务知识。