Green circle #1 labels the Magnetic stripe]] A magnetic stripe card is a type of card capable of storing data by modifying the magnetism of tiny iron-based magnetic particles on a band of magnetic material on the card. The magnetic stripe, sometimes called swipe card or magstripe, is read by swiping past a magnetic reading head. Magnetic recording on steel tape and wire was invented during World War II for recording audio.
All stories in Magnetic stripe card
The Federal Bureau of Investigation (FBI) recently warned banks that cybercriminals are poised to carry out an "ATM cash-out," ...