3 ms·
Apple/Samsung/NFC Pay is not mag stripe. It is generally faster than a chip card.
by coldcode 9y ago
Apple/Samsung/NFC Pay is not mag stripe. It is generally faster than a chip card.
- flax 9y agoApple and Android Pay are not mag stripe, they're proper encrypted nfc payments. Samsung pay CAN be a magstripe emulation, for terminals that don't support NFC.
- haikuginger 9y agoTo clarify, EMV supports tokenized transactions that emulate the _contents_ of the magnetic stripe over NFC, and this is what is broadly used in the US. Note here[0] that Chase states that only contactless MSD support (contactless magstripe emulation over NFC with a dynamically-generated security code) is required for Apple Pay; a subset of contactless EMV. [0] https://www.chasepaymentech.com/developercenter/applepaymodels.html https://www.chasepaymentech.com/developercenter/applepaymode...