Magnetic Stripe


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Related to Magnetic Stripe: Magnetic stripe card
An electromagnetic surface that is either coded—e.g., credit or ID card—or codable—e.g., a rechargeable phone card with a small amount of information
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Shimmers could be a sign that cards will still be vulnerable in a post-EMV world because most card issuers are deploying cards with both EMV chips and magnetic stripes so customers can use both types of readers.
Regardless of whether they want to accept magnetic stripe, contact, or contactless payments, ACS will have a device that makes them fully mobile.
Dai Nippon, the leading global producer of magnetic stripe material for payment cards today, is known to be working on a second generation holo-magnetic stripe.
As a form of compromise, many of these schools have combined the smart card technology they purchased with some sort of magnetic stripe.
The Electronic Stripe[R] is then populated with the correct magnetic information so that the card can also be used with magnetic stripe readers.
Encrypted encoders place these letters and numbers onto the magnetic stripe using a scrambled code.
Focused on introducing fastcycle innovation to top card issuers, the company's first commercial application is the world's first fully card-programmable magnetic stripe for use in nextgeneration payment cards.
The NURIT 2930 includes a modem, in addition to EMV and magnetic stripe acceptance.
Global reader: Supports all worldwide EMV and magnetic stripe contactless payment programs run by major organizations.
The large nationally known restaurant chain using the technology has deployed more than 300 POS terminals with wireless, dial-up and Ethernet-based IP point of sale capability and has activated more than 200,000 magnetic stripe gift cards.
PayPass-enabled cards, like other traditional MasterCard cards, also include magnetic stripe technology, so cardholders can use the cards anywhere MasterCard is accepted around the world.