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Magnetic Strip ..The recent data theft at Target reveals the US credit cards are not protected against hacking, which makes them attractive to data thieves all over the world.Ever wondered how the mag stripe on the back of your credit card works? Find out how the mag stripe communicates information about your account. The strip contains iron-based magnetic material that can be interpreted by a& magnetic strip According to& .The very recent breach of Target`s credit card data highlights the fact that it may be time to look into new credit card readers.That`s in part because U.. Now you can pay with your credit card, collect points on your rewards card, and withdraw cash from your bank all with just one card.It is generally known that RFID technology has gradually come into the practical phase for the maturity of the large scale integrated circuit technology and the smaller volume of radio frequency identification system.S..It`s important to know that the magnetic strip is essential to the credit card BANGKOK, 6 December 2013 – The Bank of Thailand (BoT) has recommended the use of micro chip instead of the current magnetic strip for better security and to prevent ATM and credit card skimming scams. They are using stored unencrypted data on a magnetic strip on the back of the card, which has been& . credit and debit cards rely on an easy-to-copy magnetic strip on the back of the card, which stores account information using the same technology as cassette tapes.The United States and some non-industrialized countries in Africa are using outdated technology for credit and debit cards. It being absent means you can`t swipe the card to make transactions “We are using 20th-century& .The CTA reminds customers who are still using magnetic stripe fare cards to check the expiration date stamped on the back of the card...The Coin combines all your cards into one ..The recent data theft at Target reveals the US credit cards are not protected against hacking, which makes them attractive to data thieves all over the world.Ever wondered how the mag stripe on the back of your credit card works? Find out how the mag stripe communicates information about your account. The strip contains iron-based magnetic material that can be interpreted by a& breast sucking
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