Sentences with phrase «with magnetic stripes»

Some issuers and frequent travelers claim that such cards are easier to use in Europe than the traditional cards with magnetic stripes.

While they won't be accepted at every kiosk overseas, you'll probably find them easier to use than cards with magnetic stripes.

In certain countries, for example, it's not uncommon for travelers to encounter merchants that don't accept cards with magnetic stripes at all.

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.

Thieves can then sell that data to crooks who specialize in encoding the stolen data onto any card with a magnetic stripe, and using the cards to purchase high - priced electronics and gift cards from big - box stores like Target and Best Buy.

Why do most customers at my bookstore have trouble understanding my instructions to swipe their debit cards with the magnetic stripe «toward me?»

Your chip card will still have a magnetic stripe on the back, so you can still swipe your card at merchants with magnetic stripe terminals.

Pretty soon, carrying around a credit card with a magnetic stripe will be so 2014.

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

Allegedly, the White Card will come with a magnetic stripe at the back when launched, so it won't work with chip readers.

The system, created by a company named Dynamics Inc., allows an LG phone to read and save any standard card with a magnetic stripe, and then send that information to the majority of payment terminals used by shops around the world.

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

Until recently, most U.S. credit cards were issued with a magnetic stripe on the back, which contained your individual account information.

Not exact matches

The machines will also read magnetic stripes and some also handle what are known as contactless payments made with services like Apple Pay or Google Wallet.

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.

During the EMV transition period, chip cards are being issued with the capability to be processed in either manner, by data chip or magnetic stripe.

Because Samsung Pay will be compatible with most existing magnetic stripe terminals as well as NFC terminals (as a result of its acquisition of LoopPay), it is going to drive significant payment volume, particularly in the next 5 years.

The $ 29 reader will accept both magnetic - stripe and chip cards, and can be used with iPhones, iPads and Android devices.

Customer acquisition costs include manufacturing and distribution costs associated with Square Readers for magnetic stripe cards, which are offered for free on our website and provided through various marketing events and distribution channels.

This Corvette Z06 has been equipped with huge options including C7R Special Edition Package (Black Wheels with Yellow Stripe, Corvette Racing Wheel Center Caps, Yellow Brake Calipers, Jet Black Suede Interior, Suede Competition Seats, Suede Steering Wheel and Shifter, Yellow Contrast Stitching, Carbon Fiber Interior Package, Special Edition C7R Edition Interior Plaque and Logos on Seats, Corvette Racing Sill Plates, Vision Carbon Fiber Ground Effects and Hood Insert, Special Exterior Graphics: Stripe Package, Z07 Performance Package (Carbon Ceramic Brakes, Z07 Suspension with Magnetic Selective Ride Control, Level 3 Adjustable Aero Package), $ 23,055), 3LZ Premium Equipment Group (Memory Package, Power Bolster and Lumbar Adjusters, Bucket Seats with Nappa Leather, Luggage Shade and Parcel Net, Adjustable Power Heated Outside Mirrors with Auto - Dimming, Auto - Dimming Inside Rear View Mirror, Satellite Radio, Sueded Microfiber - Wrapped Upper Trim Package, Custom Leather - Wrapped Instrument Panel and Doors, Heated and Ventilated Seats, Universal Home Remote, Premium Audio with Surround Sound, Performance Data and Video Recorder, Advanced Theft Deterrent System, $ 8,945), and 8 - Speed Paddle Shift Automatic Transmission ($ 1,725).

Options: 4LT premium equipment group including memory package, sports seats with power bolster and lumbar, cargo net, power convertible top, custom leather - wrapped interior package, heated front seats, tilting and telescoping steering column, navigation system with AM / FM / CD player, Bose premium audio with nine speakers, universal home remote, Bluetooth phone connectivity, head - up display, additional 9 months XM radio ($ 11,495), magnetic selective ride control with tour and sport settings ($ 1,695), 60th anniversary design package ($ 1,425), six - speed paddle shift automatic transmission ($ 1,250), dual - mode performance exhaust ($ 1,195), 60th anniversary stripe package ($ 850)

Only 500 limited Corvettes produced are the version of 2014 Corvette Stingray Coupe 3LT with Laguna Blue Tintcoat body color with «stinger» hood stripe, «Stingray» logo on interior sill plates and wheel caps, brownstone suede interior, suede - wrapped interior trim, carbon - fiber interior packages, visible carbon fiber roof, Z51 Performance Package, Magnetic Selective Ride Control, variable tuned performance exhaust system, custom Corvette - branded luggage from Thule, a unique vehicle identification number starting with 300001, an exclusive dash plaque.

Our review unit came with a barcode reader and magnetic stripe reader, which add bulk to the rear of the tablet.

A chip card is a standard - size plastic credit or charge card with both an embedded chip and a traditional magnetic stripe.

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

As more merchants get equipped with chip reading terminals, the magnetic stripes could eventually be phased out completely.

As with magnetic - stripe cards, EMV cards are processed for payment in two steps: card reading and transaction verification.

AwardWallet now provides a product called OneCard with all your program account numbers and phone numbers printed on the back and a magnetic stripe that stores some personal information so you can check in at airport kiosks.

-- With magnetic - stripe credit cards being phased out in Europe, how necessary is it for Americans to get the new chip - and - PIN variety while traveling?

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

«This is because fraudsters can buy a gift card with a counterfeit magnetic stripe [credit] card at a location that is not chip - enabled, and then use the gift card at the chip - enabled location or sell the gift card for cash.»

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.

Each phone includes the requisite hardware to work with magnetic card readers — simply hold the phone next to the card reader with your finger on the fingerprint scanner and it will run through the magnetic stripe sequence.

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.

Samsung Pay features NFC payments as well as MST (magnetic - secure transmission), which makes it compatible with existing magnetic - stripe point - of - sale units.

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

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

Widely used in more than 80 countries, credit cards with microchips are harder to counterfeit than magnetic stripe cards.