Sentences with phrase «replaced magnetic stripe»

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.

Chase, for example, is already working on replacing magnetic stripe debit, credit, ATM, and prepaid cards with EMV cards for its customers.

Not exact matches

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.