ATM cards without EMW chips will now be considered invalid

ATM cards without EMW chips will now be considered invalid

All banks have stopped supporting cards with old magnetic straps. Starting from today i.e., 1st January 2019, cards with magnetic strip will not accepted, only EMV chip cards will be supported by the bank.

Cards most likely issued before 2013 were all magnetic strip cards. If your card has a SIM card like chip in the left-hand side of your card, then it is fine because it is EMV chip card.

You can change your card by contacting your bank. The replacement of cards are done for free, you don’t have to pay any amount for changing magnetic strip cards to EMV chip cards.