Sentences with phrase «only magnetic stripe cards»
Torous opened her shop just three weeks ago, and had previously purchased a terminal that accepted only magnetic stripe cards for $ 150.
https://www.inc.com/ Not exact matches
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.
-- Many card issuers have switched to EMV chips, but some still have only magnetic stripes.
In Europe and around the world these cards are the payment standard so if you only have a magnetic stripe card you run the risk of not being able to use it at some locations.
However, these U.S. chip cards are still more likely to work abroad than ones with only a magnetic stripe.
Because of upcoming changes in the rules for who pays for losses connected to fraud, U.S. card issuers are replacing magnetic - stripe - only cards with chip - enabled cards.