contactless_payments
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contactless_payments [2022/03/23 10:24 (2 years ago)] – [Supported EMV Contactless Pinpads] craig | contactless_payments [2022/03/24 09:24 (2 years ago)] (current) – [There are 2 types of Contactless Payments] craig | ||
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- **MSD or Magnetic Stripe Data.** This method simply transmits a copy of the magnetic stripe on the card. It is easily captured and duplicated. It is now being discontinued and merchants will start to receive fines or they will be declined. | - **MSD or Magnetic Stripe Data.** This method simply transmits a copy of the magnetic stripe on the card. It is easily captured and duplicated. It is now being discontinued and merchants will start to receive fines or they will be declined. | ||
- | - **EMV or Chip Data.** This method transmits a sequenced encrypted message to the pinpad and is not duplicatable. EMV contactless was not available when EMV first rolled out so many older EMV pinpads do not accept EMV contactless. | + | - **EMV or Chip Data.** This method transmits a sequenced encrypted message to the pinpad and is not duplicatable. EMV contactless was not available when US EMV first rolled out so many older EMV pinpads do not accept EMV contactless. |
<note important> | <note important> |
contactless_payments.txt · Last modified: 2022/03/24 09:24 (2 years ago) by craig