It is also claimed that it will work with 90 per cent of
magnetic strip terminals too, although we're not entirely sure how.
Migrating to the new payment system, or even just adding wireless payment in addition to conventional
magnetic strip terminals is now small task.
Not exact matches
The
terminal continues to function normally, but the attackers just copied your card's
magnetic strip and stole your PIN.
In essence, Samsung Pay make those
terminals think they are being accessed by a normal
magnetic strip found in credit and debit cards.
They also both come with fingerprint sensors and
magnetic strip technology that, alongside NFC, enables contactless payments to be made at any checkout
terminal you like.
Samsung Pay is still the best mobile payments solution around, with support for both NFC and MST (
magnetic strip transfer), ensuring that it will work even with most
terminals that haven't been updated with mobile - payment specific NFC technology.