EFTA Document EFTA01382672

X- I/A Table of Contents 2. The card is swiped in the POS device at the business location, which captures the account information contained on the card's magnetic stripe or EMV-compliant chip: In a mobile commerce transaction facilitated by a mobile wallet, such as Apple Pay, the appropriate card details are stored virtually on an application on the phone and transmitted to the POS device through a chip equipped with near-field communication (NEC) technology; In an eCommerce transaction,