The invention provides an encrypted storage method of
bank card information and an encrypted storage
system thereof. The
system comprises: a terminal, which is used for initiating an
encryption request and storing encrypted
bank card information; a
card reader, which is connected with the terminal and is used for reading magnetic track information of the
bank card; a hardware
encryption device, which is used for carrying out coding on the bank card information; and a
third party service platform, which is used for reading the device number of the terminal, submitting the bank card information that applies for
encryption to the hardware encryption device and carrying out association on the encrypted bank card information and the terminal device number and returning the information to the terminal. Therefore, according to the invention, a
mobile phone user is helped to realize hardware encryption on the bank card information with low price, and a professional AES standard of over 256 bits is reached. Meanwhile, when the user carries out secondary
payment, it is only needed to directly invoke the bank card information and there is no need to use a
card reader or the bank card again. Therefore,
payment experience and security of the user can be substantially enhanced.