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Thread: Non Chipped Card in Canada
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Old Sep 7, 2013 | 4:52 am
  #27  
JEFFJAGUAR
 
Join Date: Jul 2007
Posts: 1,762
Originally Posted by AA_EXP09
OK, what about the risk that with virtually any POS, the chip can be easily bypassed without even the merchant realizing it many times?
(insert a non chip card 3 times, potentially a real one, then swipe the fraudulent one when the machine says 'chip error: use magstripe'. This has been true for BOC/HSBC machines in HK and TD/Moneris/globalpayments machines in Canada.)
Is this true? It was my understanding that if you try to use a chipped card in a pos terminal equipped for chip, the transaction will not go through.
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