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by Sami_Lehtinen 4640 days ago
Nobody is using MSR anymore, Chip & PIN + PCI stuff has been the norm for several payment terminal and card generations already. So like 10+ years.
2 comments
dangrossman 4640 days ago
> Nobody is using MSR anymore

The entire US still is, and that represents more transactions per day than happen in all of Europe.

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rwmj 4640 days ago
The population of the EU is twice the US.
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dangrossman 4640 days ago
But they do not use Visa cards at the same rate as the US. I didn't pull that out of thin air. EU only makes up about 40M of the 200M+ daily transactions VisaNet handles.
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becauseICan 4640 days ago
Visa's corporate website http://corporate.visa.com/about-visa/technology/transaction-... suggests that the quoted numbers, "40M of the 200M+", numbers are wrong or misleading. Possibly they are based on the highest volume day?

"VisaNet authorizes, clears and settles an average of 150 million transactions per day in 200 countries and territories."

Either way, the best way to prove an assertion based on numbers is to source it.

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chrissnell 4640 days ago
What? Where is this? I don't think that you're talking about the gas station card readers in the US.
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paulgb 4640 days ago
Chip and pin has been widely used in Canada and Europe for a few years now.
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