Don’t worry, theres no chance we’ll meet that deadline in the next few hours.
They estimate we’re a couple years away. I wonder how many things this will break? I posted a thread a few weeks ago about encountering a credit card scanner on my music teacher’s IPhone. Seems very unlikely that can be modified to read chip cards.
I’ve heard chip cards are more secure. That’s a good thing. I can’t help wondering what they will store on that chip. I wouldn’t want my purchase history there for any store to download.
So its backward compatible. Not forward compatible? Obviously, an old magnetic scanner can’t read a chipped card. Makes sense because the magnetic strip is a security concern. People can scan it in your wallet. They wouldn’t put a magnetic strip on chipped cards. That defeats the purpose of switching to them. But, what happens at the store? I have a chipped card and they don’t have a EMV?
It’s backward- and forward-compatible. New EMV cards still have magnetic stripes, and new EMV terminals still have magnetic stripe readers. At least that’s how it worked when they rolled out EMV here.
I guess putting magnetic strips on chipped cards makes the transition easier. Hopefully thats just a short term thing.
I’ve read the reason to migrate to chipped cards is getting rid of the magnetic strip. Because people can scan it by just standing next to you in a crowd.
The pay points I’ve used recently know if your card has a chip. If your card has a chip, and the pay point can use it, it did not allow me to swipe the mag stripe.
The mag strip vulnerability is the reason for chipped cards. Posters from Europe have smugly been crowing about their secure chipped cards for years. 15 to 20 years late, the US is finally getting off their complacent asses and converting. I guess that’s better late than never.
Magnetic stripe - can only be read by swiping the card in a reader. These cannot be read at a distance.
EMV - a chip that is inserted into a reader that uses encryption to be much more secure than a magnetic stripe. Cannot be read from a distance.
RFID - a different type of chip inserted in cards for the sole purpose of the card not having to be in physical contact with a reader. This is what your articles are about.
The credit card transition is about going from magnetic stripe to EMV, not magnetic stripe to RFID. Clear?
ok, I wasn’t aware there were three types of cc. I’ve just heard the unwavering mantra of how unsecured and bad magnetic strip cards are. The drumbeat has been going on for at least a decade. Mythbusters even did a test on eel skin wallets a few years ago. They debunked that one.
I just ran into this at Target this week (same week as I got a replacement card; this one has a chip, the last one issued less than a year ago didn’t.) Swiped it, it told me to insert it instead. And in the same shopping trip, I went to Aldi and their reader has the chip slot…but my card didn’t seem to read in it, and I used the strip.
Aldi only takes debit cards, does that have anything to do with it? Does the chip not work if the card is used as a debit card instead of a credit?
Are you sure it is a chip reader slot? I ask because after encountering the “YOU MUST USE THE BOTTOM SLOT” thing at Wal Mart, I went to my grocery store (a large enough chain) and they had new readers with a bottom slot - for EBT only. No chip credit cards there, only EBT cards. I still gotta swipe my chip card.
Anyway maybe Aldi just has EBT reader slot thingies.
THANK you! I went to the dentist recently and they tried the chip and said it didn’t work (it allowed them to swipe the strip and it went through). I thought, but I used it at ____________ with no problem. Walmart, that was it. I wonder if she was trying to tap with the chip. Anyhoo, thanks for clearing that up for me!
