AnsweredAssumed Answered

Mastercard phasing out Technical Fallback from chip to Magnetic stripe

Question asked by tapank on Feb 5, 2019
Latest reply on Mar 1, 2019 by tapank

Hello,

According to the Merchant Network Updates in Fall 2018, technical fallback standards are revised for Mastercard in certain regions. 

 

These requirements seem obscure for U.S. region as "Issuers may decline technical fallback transactions". Taking this into consideration, would it be recommended to disable/decline fallback transactions (from chip to Magstripe) altogether (including the U.S.)?

 

Also, I would like to know if other PayFacs, payment processors, and POS terminal vendors have incorporated this mandate by declining all fallback transactions within U.S.

 

Thank you.

Attachments

Outcomes