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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Mastercard to end magnetic strip on cards
- Steve30000
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Re: Mastercard to end magnetic strip on cards
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.