Chip and pin would require a large software update. I would think effectively a re-write of all the sofware on the machine. It uses a different set of standards and protocols to mag stripe verification. I would think the expense / risk isn't matched by any financial gain. Credit card transaction cost up to 5% of the transaction price, not worth their while for the small amounts of money per transaction.
Regarding switch, that is now Maestro which is the international form of laser. No reason it shouldn't work. Old card?
Paul - Ex-chip & pin guy.
|