NEW YORK--(BUSINESS WIRE)--SmartMetric, Inc. (OTCQB: SMME): Mastercard has announced that by 2024 card issuers will no longer be required to use magnetic stripes on their credit and debit cards.

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.

Forward-looking: Credit and debit cards have evolved significantly over the years, becoming more convenient and easier to use by owners and shop clerks. At the moment, most cards still have a magnetic ...

New York City’s MetroCard — the gold-hued fare card and its notoriously finicky magnetic strip — is being replaced with OMNY, ...

ORLANDO, Fla. — Some people in central Florida are getting ripped off at the pump and we’re not talking about the price of gas. Crooks are using skimmers to steal credit card information. These days ...

For several years now, we've seen consumers and merchants move away from magnetic stripe payments with credit cards. As new payment methods – such as chip and PIN, NFC payments, and even biometric ...

SEOUL, South Korea--(BUSINESS WIRE)--Dynamics Inc., an innovator in next-generation payment systems, is proud to announce the incorporation of its proprietary Wireless Magnetic Communication (WMC) ...