Why does it take the machines longer to process a chipped credit card than one with the magnetic strip?

Why does it take the machines longer to process a chipped credit card than one with the magnetic strip?
by

1 Answer

Answer :

answer:A mag strip has 2–3 lines of data, maximum 120 characters. Pretty much name, card number, expiration date. That’s it. A chip (depending on the type) can hold up to 2000 characters of data. Same general info as above but then additional stuff – PIN (encrypted), in some cases last purchase info, and lots of other data. So the chip has to read and process and encrypt and decrypt a whole chunk of additional stuff.
by

Related questions

How do credit card machines read that little black line?

Description : How do credit card machines read that little black line?

Last Answer : It’s a magnetic strip. It’s read just like a VCR reads a video tape.

Are my credit cards still valid if I punch a hole in it (not in the magnetic strip, obviously)?

Description : Are my credit cards still valid if I punch a hole in it (not in the magnetic strip, obviously)?

Last Answer : answer:I'm not a banker, so don't count this as a totally authoritative answer, but I would think that punching a hole for a keyring would NOT in any way invalidate a card. Why would it? As you ... almost every credit card issuer has a website that lets you do a card reorder in case it is a problem.

What is the difference between magnetic strip credit cards and chip cards?

Description : What is the difference between magnetic strip credit cards and chip cards?

Last Answer : Chip cards are generally considered to be more secure than magnetic strip cards. To understand why, we need to understand how the two technologies work.A magnetic strip holds information about the card ... .Put simply, EMV chip cards are safer. Each transaction generates a unique code, and count

Who paid for the fraudulent charges on my credit card? and how do they know I didn't visit the strip club?

Description : Who paid for the fraudulent charges on my credit card? and how do they know I didn't visit the strip club?

Last Answer : You were probably not the only one who was scammed. Often, they just don't pay the company where they charge was made, and sometimes they eat it. I cancelled a hotel reservation and was still charged ... for me I would cancel my credit card. American Express chose to eat it and keep a good customer.

Why are the ATM machines still busy, if people can pay with credit card, and debit card just about any store nowadays?

Description : Why are the ATM machines still busy, if people can pay with credit card, and debit card just about any store nowadays?

Last Answer : It doesn’t cost me anything to use the ATM at my bank. And sometimes I just want to pay with cash. If I’m out with friends, I pay my share with cash. At strange gas stations away from home I prefer to pay with cash. Buying a quick donut or sandwich, cash.

Would you have a problem with being RFID chipped in the event of a national emergency?

Description : Would you have a problem with being RFID chipped in the event of a national emergency?

Last Answer : Fix bayonets. A true patriot would do the same.

I chipped a tooth and I have braces. Should I get it looked at today?

Description : I chipped a tooth and I have braces. Should I get it looked at today?

Last Answer : Give him a call, tell him the problem, and let him decide if he needs to see you right away or if it can wait until tomorrow. He’ll know.

What should I do with chipped drinking glasses?

Description : What should I do with chipped drinking glasses?

Last Answer : Depending on the recycling rules where you live, you can probably put them into the recycle bin as long as they aren’t just pieces of broken glass. Best thing would be to check the restrictions for your particular collection service.

Janie's friends were chipping in to buy her a wedding shower present. At first, 10 friends chipped in, but 2 of them dropped out. Each of the 8 had to chip in another dollar to bring the amount back up. How much money did they plan to collect? -Riddles

Description : Janie's friends were chipping in to buy her a wedding shower present. At first, 10 friends chipped in, but 2 of them dropped out. Each of the 8 had to chip in another dollar to bring the amount back up. How much money did they plan to collect? -Riddles

Last Answer : $40 (10 at $4, or 8 at $5).

What is the way to get rid of ringworm ? My thighs were chipped and then I used Pavison Cream. Within a few days , I was completely healed . But after a few days, the same place again herpes ,,, !! Now I am using Drug International Ltd.'s MyCofry but not decreasing ,,, !! What should I do now ?

Description : What is the way to get rid of ringworm ? My thighs were chipped and then I used Pavison Cream. Within a few days , I was completely healed . But after a few days, the same place again herpes ,,, !! Now I am using Drug International Ltd.'s MyCofry but not decreasing ,,, !! What should I do now ?

Last Answer : Gacozima Use the Gacozima cream. Note: Please read the usage rules. And let's just say that if you had used Pavison Cream for a few more days at that time, you probably wouldn't have had this ... off. Stop reading underwear for a while. If possible, wear lungi during the day and lungi at night.

how much will it cost to get a tooth pulled its chipped and hurts real bad.?

Description : how much will it cost to get a tooth pulled its chipped and hurts real bad.?

Last Answer : A dentist would have to look at your tooth to determine what treatment options are avaiable. Having a tooth pulled can cost $30-$90, a crown is usually $700-$900 and bonding would be around $275. Prices can vary depedning on dentist and location.

Chipped Beef?

Description : Chipped Beef?

Last Answer : Ingredients1 Jar of Dried Beef, choppedSmall 2 Hard boiled eggs, chopped2 c Milk1/4 c Flour1/4 c Butter or margarinePepper to taste (usually -The salted meat is -Sufficient for salt) Contributed to the ... enough sauce for about 6-8 muffin halves, depending on how generous you are with the sauce.

How to Fix a Chipped Windshield

Description : How to Fix a Chipped Windshield

Last Answer : How to Fix a Chipped Windshield Windshields are durable and built to last, but one small chip or nick on the surface is all it takes to ruin the whole thing. Replacing the entire ... windshield, you don't have to worry about your windshield shattering or getting completely ruined anytime soon.

How many millimetres is a strip measuring 25cm longer than a strip measuring 220mm?

Description : How many millimetres is a strip measuring 25cm longer than a strip measuring 220mm?

Last Answer : How many millimetres is a strip measuring 25cm longer than a strip measuring 220mm?

How many millimetres is a strip measuring 25cm longer than a strip measuring 220mm?

Description : How many millimetres is a strip measuring 25cm longer than a strip measuring 220mm?

Last Answer : How many millimetres is a strip measuring 25cm longer than a strip measuring 220mm?

In a Hadoop cluster, what is true for a HDFS block that is no longer available due to disk corruption or machine failure? a)It is lost for ever b)It can be replicated form its alternative locations to other live machines. c)The namenode allows new client request to keep trying to read it. d)The Mapreduce job process runs ignoring the block and the data stored in it.

Description : In a Hadoop cluster, what is true for a HDFS block that is no longer available due to disk corruption or machine failure? a)It is lost for ever b)It can be replicated form its alternative locations ... to read it. d)The Mapreduce job process runs ignoring the block and the data stored in it.

Last Answer : It can be replicated form its alternative locations to other live machines.

Which input device is used to read information on a credit card? A. Graphic Tablet B. Numeric Keyboard C. Bar Code reader D. Magnetic Stripe reader

Description : Which input device is used to read information on a credit card? A. Graphic Tablet B. Numeric Keyboard C. Bar Code reader D. Magnetic Stripe reader

Last Answer : D. Magnetic Stripe reader

A plastic card similar to a credit card but having some memory and a microprocessor embedded within it is a. Punched paper tape b. Chip card c. Card punch d. Magnetic tape

Description : A plastic card similar to a credit card but having some memory and a microprocessor embedded within it is a. Punched paper tape b. Chip card c. Card punch d. Magnetic tape

Last Answer : Punched paper tape

A plastic card similar to a credit card but having some memory and a microprocessor embedded within it is a. Punched paper tape b. Chip card c. Card punch d. Magnetic tape

Description : A plastic card similar to a credit card but having some memory and a microprocessor embedded within it is a. Punched paper tape b. Chip card c. Card punch d. Magnetic tape

Last Answer : a. Punched paper tape

Have chip-card debit credit cards been a failure in the US?

Description : Have chip-card debit credit cards been a failure in the US?

Last Answer : I have had fewer problems with chip cards than I did with cards that only had a mag strip that got scratched and unreadable. And he problems seem to be the reader, not the cards. My cards also don’t get bent or sat upon. I have a metal wallet that I carry in my front pocket.

You can transmit sensitive information, such as that relating to your credit card, by using -Technology

Description : You can transmit sensitive information, such as that relating to your credit card, by using -Technology

Last Answer : (c) SSL allows sensitive information such as credit card numbers to be transmitted securely.

Jhilmalini has stolen a credit card. She used that credit card to purchase a laptop. What type of offence has she committed? -Technology

Description : Jhilmalini has stolen a credit card. She used that credit card to purchase a laptop. What type of offence has she committed? -Technology

Last Answer : She has committed a fraud

Why does it take longer for a refund to appear on your debit card than it does for a purchase?

Description : Why does it take longer for a refund to appear on your debit card than it does for a purchase?

Last Answer : It takes longer for a refund to appear because the refund must go back through the system in which took your purchase. Example. You buy a pizza and don't like it. You call and want a ... then send the voided slips to the cooperate office and they have to refund your money through their system.

The covers of electrical machines are made of (A) soft magnetic materials. (B) hard magnetic materials. (C) super conductors. (D) semiconductors.

Description : The covers of electrical machines are made of (A) soft magnetic materials. (B) hard magnetic materials. (C) super conductors. (D) semiconductors.

Last Answer : (A) soft magnetic materials.

The London Science Museum asked 3,000 adults what they couldn't live without. What does it mean when Facebook comes before washing machines?

Description : The London Science Museum asked 3,000 adults what they couldn't live without. What does it mean when Facebook comes before washing machines?

Last Answer : It means that these people have never really ever been WITHOUT those things.

What if machines could read our minds?

Description : What if machines could read our minds?

Last Answer : That’s amazing….that there has already been minor success with this. The ripple effect that could occur…? Wow. Think of coma patients and their families, stroke patients, etc. Amazing world we live in. =)

Are there going to be electronic voting machines used in your state this election?Are you for them or against them?

Description : Are there going to be electronic voting machines used in your state this election?Are you for them or against them?

Last Answer : answer:I have no idea if they will be used here (UIUC), but if they are, I’ll demand a paper ballot. Diebold has done a craptacular job of making an electronic voting machine. Microsoft should be the ones to ju- oh wait. never mind…

‘She/he keeps machines, materials, tools, etc., ready for operations by concerned workers.’ Whose work is described by this sentence under functional foremanship? a. Instructions Card Clerk b. Repair Boss c. Gang Boss d. Route Clerk

Description : ‘She/he keeps machines, materials, tools, etc., ready for operations by concerned workers.’ Whose work is described by this sentence under functional foremanship? a. Instructions Card Clerk b. Repair Boss c. Gang Boss d. Route Clerk

Last Answer : c. Gang Boss

Which of the following machines was designed by Charles Babbage? (1) Analytical engine (2) Arithmetic engine (3) Tabulating machine (4) Punched card

Description : Which of the following machines was designed by Charles Babbage? (1) Analytical engine (2) Arithmetic engine (3) Tabulating machine (4) Punched card

Last Answer : Analytical engine

How long is the hdfc credit card approval process?

Description : How long is the hdfc credit card approval process?

Last Answer : The credit card approval process can range from instant credit approval (such as a mere sixty seconds) to over a few days while the bank does a detailed credit check on you to ensure you are low risk.

When was "You can continue to read free books you've downloaded until July 2019 when they will no longer be accessible." 1st announced? See detail.

Description : When was "You can continue to read free books you've downloaded until July 2019 when they will no longer be accessible." 1st announced? See detail.

Last Answer : Looks like it was announced at the beginning of April. Microsoft engages in Digital Rights Management software (which is a semi-Orwellian euphemistic term) that means its readers are sabotaged ... .com/en_us/article/3k3wkk/microsoft-ebooks-will-stop-working-because-its-shutting-down-a-drm-server

When camping how much civilization or technology should one have access to before it is no longer camping?

Description : When camping how much civilization or technology should one have access to before it is no longer camping?

Last Answer : I swear I was at a campground once where a pizza was delivered to one of the campsites.

When was the last time that you used something that's based on an older technology, or a now seldom or no-longer used service?

Description : When was the last time that you used something that's based on an older technology, or a now seldom or no-longer used service?

Last Answer : The last time I used a VCR was about two weeks ago – in conjunction with a transfer device so I could create digital versions of my old tapes. ;-)

Does "returning to nature" way of life helps live longer?

Description : Does "returning to nature" way of life helps live longer?

Last Answer : To start if off, I think there are two things here. First, these people leading natural way of life also enjoy all the benefits and protection the modern civilization has to offer. There is little doubt ... wouldn't have even 200 years ago. There is also genetics, but I'll live this off for now

PayPal Gurus: Why can I no longer access my bank debit card for checkout?

Description : PayPal Gurus: Why can I no longer access my bank debit card for checkout?

Last Answer : I’ve heard of other people with this issue, but never really looked into it, but they also got a paypal debit or credit card

What is it with my Citibank card telling me I can no longer make payments online?

Description : What is it with my Citibank card telling me I can no longer make payments online?

Last Answer : The first thing I would do is call Citibank directly and see what’s going on.

If i take a strip of paper put two half-twists in it glue the ends together and cut it lengthwise while hugging the right edge. What do i get?

Description : If i take a strip of paper put two half-twists in it glue the ends together and cut it lengthwise while hugging the right edge. What do i get?

Last Answer : Need answer

How long does it take for the credit card to follow the approval letter?

Description : How long does it take for the credit card to follow the approval letter?

Last Answer : It it usually several days to a couple of weeks. They should have told you when to expect it. Maybe you could call and ask.

Can credit card companies take your home ?

Description : Can credit card companies take your home ?

Last Answer : mickhock What does your latest credit agreement with the Credit Card company say? The fine print may say that they can seize any items purchased on their card. Or if the amount is large and you have no other assets they could force you into bankruptcy.

How long will it take for me to find out if I am approved for a visa credit card?

Description : How long will it take for me to find out if I am approved for a visa credit card?

Last Answer : Well, how did you apply? By mail or online? If you applied online sometimes it’s near immediate. By mail, my MasterCard took a month. It varies, honestly. If you’re anxious, you could call the company and get the status. :)

Do taxis in Hampton Roads take cash if you don't have a credit card?

Description : Do taxis in Hampton Roads take cash if you don't have a credit card?

Last Answer : By inference (some say they accept most major credit cards), you can pay cash.

If I consolidated all my debt, would I have a good chance of getting a credit card or loan with a decent cedit line? How long does it take to consolidate debt?

Description : If I consolidated all my debt, would I have a good chance of getting a credit card or loan with a decent cedit line? How long does it take to consolidate debt?

Last Answer : answer:Your eligibility for a credit card or loan with a decent amount of credit would depend on your credit report and credit history. Lots of open credit accounts, late payments, and number ... the lender you are looking to consolidate with. Both will look into your credit report for information.

Should i take a credit card or us currency to demican republic?

Description : Should i take a credit card or us currency to demican republic?

Last Answer : Either !... The Dominican Republic recognises the US dollar(USD), the Euro (EUR), the Canadian dollar (CAD) and the Swissfranc (CHF).

If you have a credit card with a balance of 754.43 at a 13.6 APR. If you have 300.00 available each month to save or pay down your debts. a. How many months will it take to pay off the credit card if?

Description : If you have a credit card with a balance of 754.43 at a 13.6 APR. If you have 300.00 available each month to save or pay down your debts. a. How many months will it take to pay off the credit card if?

Last Answer : It will be paid off after 4 months of payments. In total you will pay $1,056.53, which is $302.10 in interest. Remember kids, use your credit wisely.

It is easy for you to splurge when you have your mom's credit card, but remember after the feast comes the reckoning. (1) Trust is easy to break. (2) Truth can't be hidden forever. (3) Every action has a consequence. (4) Don't take your parents for granted

Description : It is easy for you to splurge when you have your mom's credit card, but remember after the feast comes the reckoning. (1) Trust is easy to break. (2) Truth can't be hidden forever. (3) Every action has a consequence. (4) Don't take your parents for granted

Last Answer : (3) Every action has a consequence.

An irreversible process (A) Is the analog of linear frictionless motion in machines (B) Is an idealised visualisation of behaviour of a system (C) Yields the maximum amount of work (D) Yields an amount of work less than that of a reversible process

Description : An irreversible process (A) Is the analog of linear frictionless motion in machines (B) Is an idealised visualisation of behaviour of a system (C) Yields the maximum amount of work (D) Yields an amount of work less than that of a reversible process

Last Answer : (D) Yields an amount of work less than that of a reversible process

What is the most likely thing to happen if I must plug in the very short cord of a small electrical appliance into an extension cord or power strip rather than a wall outlet? What's the worst that could happen?

Description : What is the most likely thing to happen if I must plug in the very short cord of a small electrical appliance into an extension cord or power strip rather than a wall outlet? What's the worst that could happen?

Last Answer : For some reason toasters have notoriously short cords and I've never received a reasonable excuse. The best I could come up with was that the cord was kept short to prevent the thing from falling ... has a 3 prong plug (grounded) you want a grounded extension cord plugged into a grounded outlet.

Bringing more than one US appliance to UK: multiple adapters, or one adapter and a power strip?

Description : Bringing more than one US appliance to UK: multiple adapters, or one adapter and a power strip?

Last Answer : answer:Multiple adapters sounds safer. Realistically how many devices are you going to need to use simultaneously? It may be that you don’t actually need an adapter for each device you are going to bring.

Can you put more than 1 power strip on an outlet?

Description : Can you put more than 1 power strip on an outlet?

Last Answer : A power strip (also known as an extension block, power board, plug board and by many other variations) is a block of electrical sockets that attaches to the end of a flexible cable ( ... systems. Power strips often include a circuit breaker to safely limit the electric current flowing through them

How do you use more than one credit card for the same order on Amazon?

Description : How do you use more than one credit card for the same order on Amazon?

Last Answer : You can ask them In Amazon chat.