I was recently gifted a charming, kitschy magnet, and as I tucked it into my wallet for safekeeping, I couldn't seem to remember: Do magnets spell doom for credit cards? Many of us have held onto ...

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 ...

Chip Cards vs. Magnetic Stripes: Is One More Likely to Fall for Scams? Think back to the last time you paid for something at a store. Did you swipe your card, or did you dip it into the terminal? The ...

For decades, the magnetic stripe has been ubiquitous on everything from credit cards to tickets to ID badges. But the BBC reports — unsurprisingly — that the mag stripe’s days are numbered. Between ...

EMV chip cards have grown exponentially and legacy magnetic stripe cards will soon be nearly gone. Processing Content That creates a need for banks to prepare for a world without magstripe cards.