Reply to post: Tokens "...when a card is swiped..."

Reflection of a QR code on PoS scanner used to own mobile payments

JeffyPoooh
Pint

Tokens "...when a card is swiped..."

"Swiping" a payment card usually refers to running the magnetic strip through the PoS terminal. I had always assumed that the magnetic strip is essentially used as read only, effectively a bar code. True?

"Bonk to pay" is the El Reg approved term for the RFID contactless method. That, as well as the Smartcard contacts, could enable tokens.

Perhaps I'm confused...

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

SUBSCRIBE TO OUR WEEKLY TECH NEWSLETTER

Biting the hand that feeds IT © 1998–2020