4 ms·

On at least one of my cards magstripe is officially considered a legacy feature, I have to explicitly request that it's enabled if I'm travelling to a place lik

On at least one of my cards magstripe is officially considered a legacy feature, I have to explicitly request that it's enabled if I'm travelling to a place likely to make use of magstripe payments, and it will only remain enabled for one or two weeks.

munk-a 5y ago
Just don't assume that's to do you any favors - credit card fraud is 100% on them, the removal of features is to minimize fraud and if it's a feature you still occasionally need it's being done at your expense.
- blowski 5y ago
  Sure it’s 100% on the credit card company, but it’s still very inconvenient for the cardholder.
josephg 5y ago
I had no idea if the magnetic stripe on my (australian) credit card worked until a recent trip to the USA. I’ve had that card for years and I don’t think I’ve ever swiped it before. Australian POS terminals won’t let you use the magnetic strip on a card when chip & pin is available. Even inserting your card seems old fashioned now - PayPass (contactless payment) is by far the most common way to pay in australia. Each year there seems to be fewer reasons to carry a wallet around. Cash? Killed by covid. Card? Apple Pay. Drivers licence? There’s an app for that. It won’t be long before wallets are entirely useless.
- HWR_14 5y ago
  I'm far more likely to have my wallet on me than my phone. Credit cards have infinite battery life, 100% waterproofing, no real-time tracking/spying and low to no cost to lose. Cash trades out the low cost to lose for anonymity.
  - kevin_thibedeau 5y ago
    > no real-time tracking/spying You'll want a Faraday cage for any contactless cards.
    - HWR_14 5y ago
      Yes. They sell wallets with Faraday cages. I have been so far able to push off contactless cards, so I just assumed that other people who care about avoiding realtime tracking also insist on chip only.
  - msh 5y ago
    I think you are in the minority here.

munk-a 5y ago

Just don't assume that's to do you any favors - credit card fraud is 100% on them, the removal of features is to minimize fraud and if it's a feature you still occasionally need it's being done at your expense.

blowski 5y ago
Sure it’s 100% on the credit card company, but it’s still very inconvenient for the cardholder.

josephg 5y ago

I had no idea if the magnetic stripe on my (australian) credit card worked until a recent trip to the USA. I’ve had that card for years and I don’t think I’ve ever swiped it before. Australian POS terminals won’t let you use the magnetic strip on a card when chip & pin is available. Even inserting your card seems old fashioned now - PayPass (contactless payment) is by far the most common way to pay in australia. Each year there seems to be fewer reasons to carry a wallet around. Cash? Killed by covid. Card? Apple Pay. Drivers licence? There’s an app for that. It won’t be long before wallets are entirely useless.

HWR_14 5y ago
I'm far more likely to have my wallet on me than my phone. Credit cards have infinite battery life, 100% waterproofing, no real-time tracking/spying and low to no cost to lose. Cash trades out the low cost to lose for anonymity.
- kevin_thibedeau 5y ago
  > no real-time tracking/spying You'll want a Faraday cage for any contactless cards.
  - HWR_14 5y ago
    Yes. They sell wallets with Faraday cages. I have been so far able to push off contactless cards, so I just assumed that other people who care about avoiding realtime tracking also insist on chip only.
- msh 5y ago
  I think you are in the minority here.