Re:Is your chip card secure? Much depends on where you bank
by bob1029 on Thursday July 30, 2020 @01:06PM
(#24000534)
I found this from a public FirstData document:
"Codes written on the track with equivalent data stored on the chip to prevent fraud. All chip cards are issued with the card security code on the track data stored on the magnetic stripe and chip card security code stored on the chip. Calculated with the same DES key but with a ‘999’ service code"
"Codes written on the track with equivalent data stored on the chip to prevent fraud. All chip cards are issued with the card security code on the track data stored on the magnetic stripe and chip card security code stored on the chip. Calculated with the same DES key but with a ‘999’ service code"
https://www.firstdata.com/downloads/marketing-merchant/EMV-A...