Sentences with phrase «magnetic stripe technology»

Because the watch uses both NFC and magnetic stripe technology, it works with traditional credit card readers.

Not exact matches

Banks are pushing for the switch to EMV technology because cards with chips are more difficult to counterfeit than the traditional American credit card with a magnetic stripe.

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

This makes the card more difficult to counterfeit.While magnetic stripe debit cards are secure, chip technology provides enhanced security to our members.

This technology is more secure than magnetic stripes, which has led to wide adoption overseas.

A pet retailer can continue processing cards with the magnetic stripe and ignore the EMV technology.

Your new card will have a magnetic stripe for use in the U.S., until we complete the migration to chip technology in the next year or two, but if you find yourself heading to Europe or any country that has already migrated to EMV, you'll have a safe and travel - friendly chip card at hand.

(If your card is exclusively magnetic stripe, (the old, common system) that could be an issue for overseas travel — best to apply for a card that carries the chip technology, called EMV.)

The most important thing you can do is ensure your credit card is sporting the latest processing technology — the EMV microchip — rather than relying on outdated magnetic - stripe technology.

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.

Like most of the credit cards made in the U.S., they sport that familiar magnetic stripe, and use a technology that is being phased out in many parts of the world, particularly Europe, where chip - and - PIN cards are considered a safeguard against identity theft.

These have chip technology (in addition to a magnetic stripe), but unlike European versions they require a signature rather than a PIN.

LoopPay's contactless magnetic secure transmission technology works with magnetic stripe readers.

MST technology simulates a credit card swipe by transmitting information through a magnetic field rather than a magnetic stripe.

LoopPay's technology works in conjunction with the magnetic - stripe card readers already at checkout counters.