Just received a new VISA card equipped with the 'touch reader' technology. Says we only wave the card over the reader for payment. That seems a bit dangerous to me - if the reader can read the wave...
The card pretty much needs to be right on top of the device when "tapped" as you will find when you use it you've got to be within about half and inch for it to work. There are a lot of good facts about this here is one article from Square that may help. You will find the mag stripe won't be around for long by 2024 they will begin to disappear.
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