Sentences with phrase «older magnetic stripe»

There's also no MST payment option for Samsung Pay, meaning you pay with your Gear Sport via NFC but not on older magnetic stripe terminals.

Instruct them that chip cards must be dipped, not swiped as the older magnetic stripe cards are.

State Sen. Marty Golden says the old magnetic stripes on credit and debit cards can be used by hackers to steal a person's identity.

Because the cost of manufacturing these cards is higher than the old magnetic stripe cards, some card issuers are only giving them out if you ask for one.

European merchants tend to use credit cards with microchips embedded on the front, rather than swiping the old magnetic stripes on the back.

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.

The new terminals require you to dip your card in a slot, not swipe, as the older terminals that accept magnetic stripe cards do.

The card still has a magnetic stripe on the back, and you can swipe the card the old - fashioned way to pay for your purchase.

The card still has a magnetic stripe on the back, and you can swipe the card the old - fashioned way to pay for your purchase.

(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.)