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 ...

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 ...

The high-tech part involved hacking into financial accounts. The low-tech part: making homemade debit cards that get away with it in one important country: ours. To simplify, this was a two-part crime ...

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.

Thieves are still able to steal information from cards' magnetic strips. — -- When it comes to stealing credit card information, it's unfortunately as easy as swiping your card in any skimming ...

Shelby Brown (she/her/hers) is an editor for CNET's services team. She covers tips and tricks for apps, operating systems and devices, as well as mobile gaming and Apple Arcade news. Shelby also ...

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 ...

Eventually, one day, your fancy physical titanium Apple Card will no longer have a magnetic stripe. If you’re familiar with the headache of putting it through the wrong way the first time since the ...

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 ...