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EMV is the antithesis of magstripe and the two have absolutely nothing to do with each other. Contactless EMV is NFC.
by ThePowerOfFuet 7y ago
EMV is the antithesis of magstripe and the two have absolutely nothing to do with each other. Contactless EMV is NFC.
- lsh123 7y agoEMV transactions still use track data format from magstripe world to ensure backward compatibility.
- TazeTSchnitzel 7y agoUnfortunately the United States exists, so there has been a need for magstripe emulation over NFC. I don't know exactly how it works — I think it's some kind of hack on top of EMV — but it does exist.