It already seems obsolete as it won't work with chip cards. Most POS debit and credit transactions in Canada are now done via chip-cards, so emulating a magstr

It already seems obsolete as it won't work with chip cards. Most POS debit and credit transactions in Canada are now done via chip-cards, so emulating a magstripe isn't helpful. Debit cards: http://www.interac.ca/images/PDFs/interac%20infograph_ENG_FINAL_V3.pdf http://www.interac.ca/images/PDFs/interac%20infograph_ENG_FI...