The invention discloses a transaction prevention and control method, device and equipment for a transaction card and a storage medium, and the method comprises the steps: obtaining transaction information containing an application
ciphertext and a position information
plaintext when a mobile equipment end employs the transaction card to initiate a transaction at a POS terminal, and enabling the transaction card to be internally provided with a GPS
chip, and respectively judging whether the position information
plaintext is consistent with the geographic position of the POS terminal and the geographic position of the acquirer step by step, if so, verifying the application
ciphertext by the card issuing mechanism, if the
verification is correct, deducting assets in the transaction card and completing the transaction, and if the geographic positions are inconsistent or the
verification of the application
ciphertext is failed, terminating the transaction. Therefore, the GPS
chip is embedded in the transaction card, the real-time position of the transaction card can be obtained, whether the
relay attack exists or not can be known by comparing the geographic position, transaction prevention and control are carried out through a three-level prevention and control mechanism under the condition that the transaction card is not limited by an RRP protocol, and the
relay attack can be identified and prevented more flexibly, safely, universally and accurately.