Slider vs chip reader

[sassylisa]

Do I need to change FROM the slider when accepting credit card payments TO the chip reader?  I have been successful with accepting payments in the past ( 9 months in a row without any problem) with the slider on my Iphone.  Is there ANY reason I must switch to a card reader?

Many thanks,

Lisa 

[Tom]

Hi Lisa! You don't have to change to a chip card reader at this time, as pretty much all chip cards still come with a magstripe.

I do want to point out though, that banks are more likely to hold you liable for a fraudulent charge in the case that someone payed with a chip card, but you processed it with a magstripe reader. That being said, the decision is completely up to you and what works best for your business. 🙂

Find more information on liability and our card reader options in our Support Center. Hope this helps clear things up!