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Re:Apple Pay on pace to account for 10% of global card trans... by ThePowerOfFuet on Tuesday February 11, 2020 @07:26PM (#22304500)
EMV is the antithesis of magstripe and the two have absolutely nothing to do with each other. Contactless EMV is NFC.
Re:Apple Pay on pace to account for 10% of global card trans... by TazeTSchnitzel on Wednesday February 12, 2020 @08:10AM (#22308486)
Unfortunately the United States exists, so there has been a need for magstripe emulation over NFC. I don't know exactly how it works — I think it's some kind of hack on top of EMV — but it does exist.
Re:Apple Pay on pace to account for 10% of global card trans... by lsh123 on Tuesday February 11, 2020 @08:25PM (#22304842)
EMV transactions still use track data format from magstripe world to ensure backward compatibility.