Transaction types that can be made with a card through a POS:
Magnetic Sale: A transaction made by swiping the magnetic stripe of the card through the magnetic reader on the right side of the POS, used for chipless cards. A magnetic sale cannot be made with chip cards. A transaction made with a chip card through the magnetic reader is treated as a fallback transaction.
EMV (Chip) Sale: A sale made with a chip card using the POS's chip reader. It is the most secure sale type.
Fallback Sale: A transaction made by swiping the magnetic stripe of the card through the magnetic reader on the right side of the POS, because the chip data could not be read due to a problem with the chip card's chip or because the card was inserted incorrectly into the POS. A fallback transaction cannot be made with a chipless card. A card must have a chip in order to be used for a fallback transaction.
Offline EMV Sale: When a transaction is made with a chip card through a POS, this refers to the transaction being approved based on the parameters held on the card and the POS. In offline EMV transactions, the transaction does not go to the card bank or the POS bank at the approval stage. These transactions are sent from the POS to the POS bank's system at certain periodic intervals.
Mail Order (Mail Order/Telephone Order): A transaction made by selecting the Mail Order option from the POS menu, or through the Virtual POS interface, by entering;
- Card Number
- Expiration Date
- CVV2 information.
Ecommerce Sale:
A transaction made with a card through a website (running on a Virtual POS behind the scenes) by entering
- Card Number
- Expiration Date
- CVV2 information.
