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Anyone know what will happen to companies like Square that so heavily rely on the magstripe? How would square be able to capture chip and pin transactions? Beca
by _kyran 12y ago
Anyone know what will happen to companies like Square that so heavily rely on the magstripe? How would square be able to capture chip and pin transactions? Because as far as I'm aware, the CC specifications require a separate hardware pin pad, (so a software keyboard can not be used to transmit the PIN)
- Aaronn 12y agoSquare is working on a EMV compliant reader. https://blog.squareup.com/townsquare/posts/emv https://blog.squareup.com/townsquare/posts/emv