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contactless_payments [2022/03/23 10:24 (2 years ago)] – [Supported EMV Contactless Pinpads] craigcontactless_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.  There are very few of these MSD card in circulation anymore however many older pinpads are not able to accept the newer EMV contactless method.   - **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.  There are very few of these MSD card in circulation anymore however many older pinpads are not able to accept the newer EMV contactless method.
-  - **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>As of Spring 2022 fines may be imposed by merchants continuing to accept contactless MSD payments.</note> <note important>As of Spring 2022 fines may be imposed by merchants continuing to accept contactless MSD payments.</note>
contactless_payments.txt · Last modified: 2022/03/24 09:24 (2 years ago) by craig