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Some banks issue chip-and-pin cards which also have a magnetic stripe, but the magstripe is not activated unless you specifically ask for it. And you can do th
by jzwinck 12y ago
Some banks issue chip-and-pin cards which also have a magnetic stripe, but the magstripe is not activated unless you specifically ask for it. And you can do things like activate the magstripe for a specific country for a specific time frame.
- ddeck 12y agoThat's similar to what was done (mandated by the government) last year where I live. Overseas withdrawals are disabled by default and customers must now opt-in to allow them. The customer can choose a validity period and per/day withdrawal limit, but I don't think it's possible to enable on a per country basis. http://www.hkma.gov.hk/eng/key-functions/banking-stability/security-controls-for-atm-services.shtml http://www.hkma.gov.hk/eng/key-functions/banking-stability/s...