After building a USB magnetic stripe reader, [David Cranor] has found a way to fool a magnetic stripe reader using a hand-wound electromagnet and an iPod. The data on a card is read and stored on a ...

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.

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

If you have a credit card issued by Mastercard, you will get a replacement card in the next few years. The company says it is removing the magnetic stripe on the back of cards containing payment ...

Mastercard has announced it will be phasing out the magnetic stripe on its payment cards in "most markets" from 2024 as reliance on chip-based and contactless payments continues to grow. The company ...

A small length of magnetic tape adhered to credit cards, badges, permits, passes and tokens. The tape is read by magnetic stripe readers incorporated into ATMs, identification readers and payment ...

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 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 ...

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 ...