Q. How does this new card work?
A. The QSecure chip embedded in the magnetic stripe of a credit or debit card generates a unique number for each transaction (each time the card is swiped). So if a thief or hacker steals card data, it is useless because that data is not good for any further transactions.
Q. Do I have to do anything different to support these cards?
A. No, SmartStripe™ cards work in all traditional magnetic stripe card readers. Retailers do not have to make any change to their systems – hardware or software. No special password or complicated procedures are required. Card holders shop as they always have and transactions are processed as usual.
Q. How do SmartStripe™ cards help with PCI DSS efforts?
A. SmartStripe™ cards change the magnetic stripe data with each transaction, and any card data stolen from a merchant is useless to criminals because the data can't be reused. Unique magnetic stripe data for every transaction ensures the security of the card and supports merchant efforts toward PCI compliance.
Q. Do retail clerks have to do anything different to accept SmartStripe™ cards?
A. No, there is no change to any retail acceptance processes. SmartStripe™ cards work like any other standard credit card.