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Mastercard to end magnetic strip on cards

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Steve30000
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Mastercard to end magnetic strip on cards

Post by Steve30000 »

https://www.bbc.com/news/technology-58206591

Who uses this method anyway? I've never swiped my card, always used chip and pin and now just tap it on the machine..


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Nockya
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Re: Mastercard to end magnetic strip on cards

Post by Nockya »

That is used for cash machines?


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Re: Mastercard to end magnetic strip on cards

Post by Steve30000 »

Nockya wrote: 18 Aug 2021, 10:08 That is used for cash machines?
Thought it read the chip, not the strip?


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Re: Mastercard to end magnetic strip on cards

Post by Nockya »

Steve30000 wrote: 18 Aug 2021, 12:17
Nockya wrote: 18 Aug 2021, 10:08 That is used for cash machines?
Thought it read the chip, not the strip?
That is the newer technology but since the strip came first then it was possibly a cash machine thing.
I seem to remember people cloning them with video tape.
I suspect that modern cash machines read the chip more often than not now though and that the tape bit has long been redundant.


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