3 ms·
Probably it just goes through as a card not present (CNP) transaction?
by contingencies 8y ago
Probably it just goes through as a card not present (CNP) transaction?
- baybal2 8y agoSo you mean it first authenticates the pin, and initiates CNP after? Never thought of that as possible.
- dogma1138 8y agoIt's not CNP doesn't use the pin it uses the CVV2, you also can't use the chip and pin or track 2 swipe data for a CNP transaction. I think the GP is confused on how a POS works, POS isn't a POI most of them don't touch the credit card they just talk to the reader, most readers today are P2PE closed loop solutions so the only thing the POS does is sends to the reader charge the next card $X the reader will then reply if the transaction went through or not and that's it. The reader itself will talk to the acquiring bank or the payment provider in a point to point encrypted closed loop and the merchant would never see any credit card details.