I got some other info today on 201 chip cards and I'm wondering if anyone can clarify for me.
if I have offline pos that obviously cant read 201 but then i swipe 201 chip card like normal 101 and read track2 on magstripe (because all chip cards have magstripe for older shops that dont have new pos that read chip) and then encode that track2 onto normal blank plastic 101 card.
and place that card into ATM will I be able to cashout ? because I still having pin etc.
ALSO when cashing out , if I have maybe 150 d+p. if in my country security very bad and no security guards etc. I can wear MASK and simply carry bag, why I can't just cash all 150 d+p on same atm or maybe 3-4 different banks and just put money in bag and then leave or I should use 3 dumps maybe on 1 atm and then move to next atm? i understand because then it obviously look like fraud but I mean whats problem if already have money on hand ?
so my question is couldnt I just do that ? or is a really bad idea ?
thanks all.
if I have offline pos that obviously cant read 201 but then i swipe 201 chip card like normal 101 and read track2 on magstripe (because all chip cards have magstripe for older shops that dont have new pos that read chip) and then encode that track2 onto normal blank plastic 101 card.
and place that card into ATM will I be able to cashout ? because I still having pin etc.
ALSO when cashing out , if I have maybe 150 d+p. if in my country security very bad and no security guards etc. I can wear MASK and simply carry bag, why I can't just cash all 150 d+p on same atm or maybe 3-4 different banks and just put money in bag and then leave or I should use 3 dumps maybe on 1 atm and then move to next atm? i understand because then it obviously look like fraud but I mean whats problem if already have money on hand ?
so my question is couldnt I just do that ? or is a really bad idea ?
thanks all.
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