When the card is swiped and it shows that the magnetic stripe card has not been authenticated, there are generally the following situations: 1. The magnetic stripe card is degaussed or damaged. At this time, the cardholder needs to bring his personal ID card and magnetic stripe card to the nearest bank for business. Branches replace chip cards.
2. The cardholder’s single consumption exceeds 5,000 or 10,000 yuan.
Because magnetic stripe cards are easy to be stolen, in order to ensure the safety of consumption, banks need to conduct magnetic stripe card authentication if a single consumption exceeds 5,000 yuan or 10,000 yuan. Generally, the authentication of magnetic stripe cards requires the magnetic stripe card and the mobile phone number reserved by the bank. After the verification is successful, you can continue to use it.
1. Why does POS machine require authentication when swiping a magnetic stripe card:
For the security of personal funds, magnetic stripe cards are easily compromised, resulting in unsafe card information and chip The card is currently unavailable, so security is relatively high. There are many cases of fraudulent use of magnetic stripe cards, and there are many incidents of order adjustment. Therefore, generally when large-value transactions are made with magnetic stripe cards, there will be a message indicating that the transaction failed, for example, the POS machine displays code 94. This is a means for payment companies to protect the interests of merchants, but chip cards do not have this problem.
2. How does the POS machine authenticate the magnetic stripe card:
The steps for the POS machine to authenticate the magnetic stripe card are as follows (take the shopkeeper’s POS machine as an example):
1 . Log in to the shopkeeper APP, enter the homepage and select "Magnetic Stripe Card Authentication";
2. Fill in your personal name, ID number, reserved mobile phone number and credit, and finally submit for authentication. After the certification is submitted, you can check the certification record in the upper right corner to see if the certification is successful;
3. If the certification record indicates that the certification has been successful, but the transaction amount is greater than 5,000 yuan, it still prompts that certification is required. For magnetic stripe cards, you can directly call customer service for processing.
3. Steps for using a POS machine with a magnetic stripe card:
1. Turn on the POS machine
There is a power-on button on the POS machine, usually Red, if not, you can check it according to the user manual on the POS machine. Different POS machines have different key switches.
2. The POS machine enters the debit card consumption interface
After turning on the machine, you need to enter the consumption interface. Taking the UBS POS machine as an example, you can use the OK key to enter. If It is a stand-up POS machine, you only need to press 1 button to enter.
3. Enter the amount at the POS machine
You need to enter the corresponding amount based on the consumption on the bill.
4. Swipe the magnetic stripe card at the POS machine
Face yourself with the magnetic stripe of the bank card facing downwards, and swipe the bank card gently from left to right at a constant speed, even if it is a POS machine The magnetic stripe card was swiped.
5. Enter the password at the POS machine
The password here is the bank card payment password. Swipe the card and enter the password to basically complete the payment process.
6. Signature
Press confirm and you will be prompted to enter the password. You need to sign the name of the consumer. If it is someone else's credit card, you also need to sign the name of the consumer.
7. Print the receipt
After the confirmation is successful, the receipt will be automatically printed. Then hold the top of the receipt and tear it off at a slight angle, and then place the cardholder's name under the receipt. Sign the customer's name at the signature area.