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CARD USE RESTRICTED TO ATM AT ORIGINAL ISSUERS: TAIWAN REGULATOR.
TAIPEI, Mar 1 Asia Pulse - The Financial Supervisory Commission (FSC) reminded consumers on Tuesday that from March 1, magnetic strip cards for automatic teller machines (ATMs) will be no longer effective on all existing ATMs, but only those set up by the original card issuer.
The use of ATM magnetic-strip cards will be restricted to functions of cash withdrawal, account checks, taxes and other payments, as well as account transfers to the card issuer and other banks, on the ATMs installed by the card issuer.
For example, if a ...
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Source: HighBeam Research, CARD USE RESTRICTED TO ATM AT ORIGINAL ISSUERS: TAIWAN REGULATOR.