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Does Amex, mC and Visa still allow a mag stripe reader when most of the cards have a chip?

Does Amex, MC and Visa still allow transactions using a mag stripe?  Almost all cards have a chip and if it is not being used will they charge me mor, or even not allow a chip card to be used on a mag stripe reader?

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Super Seller Alumni

For now, yes the CC companies do allow magstripes since not everyone has been issued a chipped card, plus in some cases the chip won't get read and after 3 attempts it is allowed to use the magstripe.  The chip must be used first if the card has one, though.  However, the industry is moving to all chipped cards and eventually the magstripe will disappear completely.

Judy T Shumway
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