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Ok, I didn't know that. But I have never used the magnetic strip in Europe, I don't think anyone accepts it here. My previous bank would even issue standard deb
by Daniel_sk 8y ago
Ok, I didn't know that. But I have never used the magnetic strip in Europe, I don't think anyone accepts it here. My previous bank would even issue standard debit cards without the magnetic strip. So how would you use the card without the PIN? Can you read the whole card number + expiration + CVV code and then buy something online?
- tjoff 8y agoIn Sweden it is not that uncommon (majority of readers take both chip+magnetic stripe). Also, ATMs swallow the whole card so a skimmer would work there even if the ATM itself only uses the chip. And now with wireless you could probably trivially skim people that used the chip (or wireless) functionality as well. I have never seen a card without magnetic stripe, that is awesome. I even have some trouble getting a card without wireless... At least whole card number + expiration is on the magnetic stripe. You don't need CVV as it is optional. Everything is written in clear-text and by definition that text must contain everything needed to perform a purchase.