Sentences with phrase «magnetic stripe cards from»

New sellers who purchase a Square Reader for magnetic stripe cards from one of our retail distribution partners are offered a rebate equal to the price paid.

Not exact matches

It's complicated, but under the new rules, if a customer walks into a store with a chip card and the store hasn't updated its point - of - sale equipment to accept chip cards, the merchant is liable for any fraud that occurs from using the card the old way, by swiping the magnetic stripe.

Thieves can then sell that data to crooks who specialize in encoding the stolen data onto any card with a magnetic stripe, and using the cards to purchase high - priced electronics and gift cards from big - box stores like Target and Best Buy.

The cost to us of manufacturing and distributing Square Readers for magnetic stripe cards is partially offset by amounts received from retail distribution partners.

This technology is behind memory applications ranging from kilobyte magnetic stripe cards to terabyte computer hard disks.

For hotels that don't have the new card readers, customers still must swipe their credit card, and information from the magnetic stripe can easily be replicated by fraudsters.

While American credit card issuers are taking baby steps toward using the chip - and - PIN technology that's largely replaced magnetic stripe credit cards in Europe, they're likely not moving fast enough to prevent Europeans from facing major challenges when using their credit cards in the United States.

Or for peace of mind, take along a Chip - and - PIN Cash Passport preloaded card from Travelex, which works where your regular magnetic stripe card won't.