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When will Canada be fully converted to chip cards?

April 26, 2017cards chip converted fully

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When will Canada be fully converted to chip cards?

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Complete migration to chip technology will take several years, given the vast number of Automated Banking Machines, point-of-sale terminals and debit cards across Canada. In order to ensure a smooth transition, Interac Association has implemented conversion deadlines. Magnetic stripe transactions will no longer be accepted at Automated Banking Machines after December 31, 2012 and will no longer be accepted at point-of-sale terminals after December 31, 2015.