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That is triggered by the magstripe though. The point here is you can trick the reader by turning off that feature on the magstripe and the reader doesn't do any
by JaggedJax 11y ago
That is triggered by the magstripe though. The point here is you can trick the reader by turning off that feature on the magstripe and the reader doesn't do any additional check on whether EMV should be required.
- noddingham 11y agoBased upon my knowledge of EMV liability, the merchant would still be clear from fraudulent charges if they had an EMV reader. If the device tells the reader it can't do chip & pin, then the buyer is the least secure part of the transaction.
- TeMPOraL 11y agoNot in all cases, I believe. For instance, to use my debit card in China, where a lot of payments is still done via magstripe, I have to call my bank and ask them to enable magstripe transactions for me in their system. Otherwise, the bank will keep rejecting transaction attempts.