Hi all,
Few weeks back, I had applied for international debit card. Soon I got
one. Reading the literature which came with the card, came to know
that the card works on magnetic strip technology when used
domestically and uses chip-and-pin or Online Debit System as shared in
https://en.wikipedia.org/wiki/Debit_card
Now I don't know about South Africa, but in India there are still a
majority of ATM's who only use the magnetic strip for authentication
purposes and haven't moved on to the more supposedly secure system of
chip-and-pin/Online Debit System as is supposedly the case in Europe
and States.
Can somebody share if they know what the situation in South Africa
about the above ?
--
Regards,
Shirish Agarwal शिरीष अग्रवाल
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