This will give more options for mobile payment than Apple does, will work with more payment stations globally, and can even be used on machines that only
read magnetic strips.
It only takes a second for thieves to
read your magnetic strips.
Not exact matches
For instance, if the SmartHub kiosk can not
read a credit card because the
magnetic strip is worn away, users can push the Live Help tab on the touchscreen to instantly speak to a live representative and resolve the issue.
In conventional
magnetic memory, such as that in a computer, or the
magnetic strip of a credit card, the memory is
read by «
reading» the magnetization of the memory bit.
And having the credit card number written down is no riskier than giving it to someone to process in the back room (they can not only write down whatever they want, but they can also use a small machine to improperly
read all the data on the
magnetic strip.)
Skimming refers to capturing a customer's banking information by running it through a machine that
reads the card's
magnetic strip.