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All POS Terminals to Be Replaced with IC Terminals by Year’s End

All POS Terminals to Be Replaced with IC Terminals by Year’s End

SEOUL, Korea, Mar 6 (Korea Bizwire) – All the POS terminals used in commercial establishments that are compatible with magnetic stripe cards will be replaced with IC terminals by the end of this year, as the magnetic stripe cards are known to be vulnerable to personal information theft. In order to enforce the rule forcefully, [...]