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magstripe/chip compatability
Does the magstripe function work more slowly when the card is also 'chipped'? This has been suggested by others...
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Not at all
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conversely, does the chip card reader process sales more rapidly than the magstripe reader, on average? otherwise, what would be the point of purchasing one?
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By using the chip card reader you are not liable for unauthorized purchases. Please read the attachment.
https://squareup.com/emv-liability-shift