What is ETC? High-speed ETC (Electronic Toll Collection) is literally translated as electronic highway toll collection. It is what we often call a non-stop toll collection system. There are one or more ETC lanes on the highway. The dedicated short-range microwave communication between the ETC electronic tag on the windshield and the microwave antenna above the ETC lane of the toll station uses computer networking technology to settle with the bank backend to achieve the purpose of charging vehicles without stopping when passing through roads and bridges. The ETC card on the ETC device is also a bank card. It is currently divided into three categories: 1. ETC debit card does not need to be charged temporarily when passing through the highway toll station. The computer will display and record the traffic conditions, and the system will automatically classify The corresponding fees will be deducted from the bank account authorized by the user each time. If no recharge is required, repayment is required on a monthly basis. An additional 1% handling fee will be paid each time you use it. The difference between ETC debit card and stored-value card is that ETC debit card can only be processed by car owners, while ETC stored-value card holders can be individuals, companies, or car owners. 2. ETC stored-value card (debit card) is what we often call B card. This ETC card does not have the overdraft consumption function and needs to be deposited in advance (deposit) before it can be used. When the balance of the ETC stored-value card is insufficient, it cannot be used. If you pass the ETC lane, you may also be included in the ETC blacklist. 3. ETC Credit Card Usually this ETC credit card co-branded pass card is issued in cooperation with banks and other financial institutions. It integrates the credit card financial function and the pass card CPU dual-interface smart chip function. When used at highway toll stations, it is equivalent to a pass card. When used in the financial consumption field, it is equivalent to a credit card.
Which one is better, ETC charge card or stored value card? Generally speaking, when the balance of ETC stored value card is sufficient, ETC stored value card is more convenient to use and eliminates the need for ETC charge card repayment, etc. In terms of procedures, recharging ETC stored-value cards is more troublesome. The ETC debit card does not need to worry about the balance issue, which is very suitable for friends who often travel on the expressway, but it requires a certain additional handling fee. If you want to know how to apply for a high-speed ETC card, you can click (Which bank has the best ETC discount in 2019? ETC promotions of each bank). If you want to know how to recharge the high-speed ETC card, you can click (How to recharge high-speed ETC? What are the ETC recharge methods) to view. If you want to know more about the margin, liquidated damages, opening of loans, ETC theft, etc. behind ETC, you can click (What are the dangers of high-speed ETC? Is ETC so bad?) to view.