Post #4385702
2026-08-04 23:10 UTC
@wbud@tech.lgbt Several years ago, US payment processors did what was called the “liability shift”. The networks now largely disclaim liability for fraud via magstripe-only transactions as a way to push the long tail of stores which accept credit cards to update to EMV-capable terminals. That tail is *really long*, though.
I personally have paid for things exclusively with NFC via phone or watch for the last few years, but I live in a pretty big city. The more rural you get, the more likely you are to run into a store with an older terminal. I would keep at least one emergency use card with a magstripe, but I would feel comfortable removing the stripe from my primary card.
Replies (1)
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@bob_zim@infosec.exchange 2026-08-04 23:15
@wbud@tech.lgbt On the topic of a credit card for emergencies, be sure to set it up to pay for some regular bill, like a streaming TV service or something. If a card goes too long without a charge on it, the issuer sometimes closes the account rather abruptly. The company which issued my first credit card closed the account (tanking the average age of my credit lines) with no notice just as I was applying for mortgages. It sucked so much.