Magnetic Secure Transmission sends a magnetic signal from your device to the payment terminal's card reader (to emulate swiping a physical card without having to upgrade the terminal’s software or hardware).
Magnetic Secure Transmission generates an alternating current through an inductive loop of changing magnetic fields. The Magnetic Secure Transmission signal received from the device emulates the same magnetic field change as a Magnetic Stripe Card when swiped across the same read head.
Magnetic Secure Transmission works within a 3-inch distance from the read head.
Magnetic Secure Transmission is only used during the transmission process.
Magnetic Secure Transmission technology is not limited by form factor, making it a practical technology for mobile payments and is accepted by approximately 90% of merchants. In general, Magnetic Secure Transmission does not require merchants to make changes to their existing payment systems.
More Information#There might be more information for this subject on one of the following:
- [#1] - What is MST (Magnetic Secure Transmission)? - based on information obtained 2016-11-24
- [#2] - Tokenization, EMV, NFC, HCE, MST – What does it all mean to me? - based on information obtained 2016-11-24