Yes, it has a chip. Here's the context:
They are used on regular basis everywhere around us. The chip that can be found on the cards can contain all sorts of data/information, from the identification to the payment options. In other words, cards can contain any personal data. In this way AKD offers services when military or medical-care cards, driving licences or identification cards are made. In the same way, cards can be used as means of surveillance, as equipment maintainance, for making telephone calls or as employee monitoring system. Identification cards are used at computer terminals, for financial transactions and in GMS telephones. In personal usage they offer the surveillance of restricted rooms. Those cards that are used for payment are used for road- tolls, in public transport or cashpoints or wherever you wish to pay.