Sentence examples for mag stripe from inspiring English sources

"Skimming is essentially the full replication of the information on the mag stripe," said Joel S. Lisker, senior vice president for security and risk management for MasterCard International.

Reel-to-reel tape recorders, the Filmmakers Cooperative, 8mm (not Super-8), $25 Craig splicers, Kodak Presstape, 16mm color reversal film with the mag stripe -- it all came rushing back.

In Europe and elsewhere overseas, cards with embedded E.M.V. chips, which are microprocessors that provide heightened security, are becoming the norm, and "mag stripe" cards sometimes don't work, particularly at unattended kiosks that, for instance, sell train tickets.

They will still have mag stripe and even embossing".

Is it storing full mag stripe data on the device?

The mag stripe (the important bit), however, remains in perfect shape.

The reason this is significant is that chip-and-pin tends to see significantly less fraud than mag stripe-based services.

Just as having two loud German shepherds makes it likely thieves will move to the house next door, America's continued reliance on mag stripes has made it an attractive target for card fraud.

It may also be the case that while the U.S. still has mag stripes for now, companies like Visa are working to bring the technology to the U.S., so PayPal Here's European card reader may end up having more currency beyond the Old World.

Card companies removed the signature requirement on small transactions for mag-stripe cards as well as smart cards.

SumUp noted that the attack only worked where mag-stripe transactions were taking place.