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 ...
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 ...
GREENSBORO, N.C. — This issue with skimmers isn't new and it isn't going away. As long as there are card swipes of any kind, there will be skimmers. Here's why, skimmers read a card's magnetic strip, ...
New York City’s MetroCard — the gold-hued fare card and its notoriously finicky magnetic strip — is being replaced with OMNY, ...
Discover how EMV technology secures transactions, its benefits over traditional systems, and its limitations in online purchases. Learn what EMV means for your safety.
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 ...