> there is no physical imprint / swipe of the bank-issued card.
I think you're mistaken. There is a swipe. It perfectly mimics the magnetic strip of the bank-issued card. The issuer wouldn't even know you didn't use the real card.
It wouldn't work for physical imprints, but neither does my Chase Sapphire Visa card. Point being even card issuers are comfortable EOL'ing physical imprints at this point. And it's not used for anti-fraud these days (real-time authorizations of swipes have replaced that); it's just a backup for when merchant systems are down.
I think you're mistaken. There is a swipe. It perfectly mimics the magnetic strip of the bank-issued card. The issuer wouldn't even know you didn't use the real card.
It wouldn't work for physical imprints, but neither does my Chase Sapphire Visa card. Point being even card issuers are comfortable EOL'ing physical imprints at this point. And it's not used for anti-fraud these days (real-time authorizations of swipes have replaced that); it's just a backup for when merchant systems are down.