Magstripe question

Hi so at the risk of sounding stupid… Does this mean if i enable the mag stripe I can withdraw cash from an ATM without my card? Or what does this mean. Thanks

Hey! Welcome to the Community! When you withdraw cash with MagStripe, it means when the ATM uses the Magnetic Stripe on the back of the card (at the top) to withdraw cash. It’s only really used abroad as Chip & PIN is dominant in the UK. Chip and PIN is also safer than MagStripe

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