Prolonged exposure to magnets can affect the functionality of your credit card. Cards with magnetic strips can also become demagnetized due to dirt, scratches and other damage. EMV chip technology has ...

Mastercard last week announced that its cards will no longer be issued with the magnetic stripe by 2029, which will presumably include Apple Card. The magnetic stripe was an early 1960s technology ...

From the old way of carbon copying an account number and having a customer sign off on a purchase through to the advent of magnetic stripes and the chip-and-pin systems of today, the act of using a ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for ...

Mastercard announced that all of its debit and credit cards will lose the iconic magnetic stripe starting in 2024. Various advancements in payment technology have made the magnetic stripe unnecessary.

Mastercard plans to phase out magnetic strips on credit and debit cards by 2033 due to the rise of other payment technologies, something that could change the appearance of the physical Apple Card.

[anfractuosus] has been reading magnetic stripe card… optically! While hackers routinely read and write stripe cards, this is the first time we’ve reported on optically imaging and decoding data from ...

SBI EMV Chip And Pin-Based Debit Card: Those holding SBI Magstripe debit cards need to apply at their home branch by December 31 to get a new EMV chip and pin-based debit card. SBI said it will ...

First, we said goodbye to the floppy disk drive. Then, the Sony Walkman was unceremoniously buried. Now, it's time to prepare a eulogy to a gadget that's been an even bigger part of the American ...

Mastercard will phase out magnetic stripes on its newly-issued credit and debit cards starting 2024 in most markets. By 2033, no Mastercard credit and debit card will have the magnetic stripes. This ...