4 ms·

True enough, but most of my chip cards will not work with the mag strip if the card reader supports chip. If I slide the card, I get a message on the POS screen

True enough, but most of my chip cards will not work with the mag strip if the card reader supports chip. If I slide the card, I get a message on the POS screen telling me to use the chip. The guy who steals my mag stripe has to find a store without chip readers to make use of the stripe.

terinjokes 10y ago
With how slow this roll out is, I fear the thief won't be able to find any stores accepting a chip, even if they tried.
chipperyman573 10y ago
On one of my old cards, the chip broke (physically). On every single reader I used, putting the side without a chip in the reader 3 times would allow me to swipe.
cplease 10y ago
> The guy who steals my mag stripe has to find a store without chip readers to make use of the stripe. Like 90% of stores in USA today? Oh the pain. And what is likely to happen after the clerk apologizes for the reader being broken is that he keys in the card number manually. What, manual entry is going to be blocked too? Good luck with that. As long as lost sales to nonworking transactions >>> fraud, it's happening. Edit, source, Krebs: http://krebsonsecurity.com/2016/02/the-great-emv-fake-out-no-chip-for-you/comment-page-3/ http://krebsonsecurity.com/2016/02/the-great-emv-fake-out-no... In February, Visa claims all of 17% of retailers have chip-capable terminals. My experience is that only a small fraction of chip-capable terminals are actually integrated with a POS system that enables them. Leading to the ridiculous situation of consumers facing 83% of retail locations with no chip reader, having to swipe, most of the rest having a useless chip slot and icon, and some small percentage <10% of locations actually having a working, functional chip slot (visually indistinguable from nonfunctional ones). Even where they do work, usability is poor. Beeps, lights, multitudinous prompts or even spoken instructions, and processing times in excess of five seconds or more where the stripes are just swipe and sign a second or two later.

terinjokes 10y ago

With how slow this roll out is, I fear the thief won't be able to find any stores accepting a chip, even if they tried.

chipperyman573 10y ago

On one of my old cards, the chip broke (physically). On every single reader I used, putting the side without a chip in the reader 3 times would allow me to swipe.

cplease 10y ago

> The guy who steals my mag stripe has to find a store without chip readers to make use of the stripe. Like 90% of stores in USA today? Oh the pain. And what is likely to happen after the clerk apologizes for the reader being broken is that he keys in the card number manually. What, manual entry is going to be blocked too? Good luck with that. As long as lost sales to nonworking transactions >>> fraud, it's happening. Edit, source, Krebs: http://krebsonsecurity.com/2016/02/the-great-emv-fake-out-no-chip-for-you/comment-page-3/ http://krebsonsecurity.com/2016/02/the-great-emv-fake-out-no... In February, Visa claims all of 17% of retailers have chip-capable terminals. My experience is that only a small fraction of chip-capable terminals are actually integrated with a POS system that enables them. Leading to the ridiculous situation of consumers facing 83% of retail locations with no chip reader, having to swipe, most of the rest having a useless chip slot and icon, and some small percentage <10% of locations actually having a working, functional chip slot (visually indistinguable from nonfunctional ones). Even where they do work, usability is poor. Beeps, lights, multitudinous prompts or even spoken instructions, and processing times in excess of five seconds or more where the stripes are just swipe and sign a second or two later.