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Magnetic stripe credit cards carry a high risk of fraud through skimmers that criminals add to card readers at ATMs, retail stores and gas stations. These devices “skim” and record your card ...
Non-EMV cards work like magnetic stripe cards. This is common in the U.S. (PayPass Magstripe and Visa MSD). The cards do not hold or maintain the account balance. All payment passes without a PIN, usually in off-line mode. The security of such a transaction is no greater than with a magnetic stripe card transaction. [citation needed]
In most magnetic stripe cards, the magnetic stripe is contained in a plastic-like film. The magnetic stripe is located 0.223 inches (5.7 mm) from the edge of the card, and is 0.375 inches (9.5 mm) wide. The magnetic stripe contains three tracks, each 0.110 inches (2.8 mm) wide.
Technologies typically considered as part of AIDC include QR codes, [1] bar codes, radio frequency identification (RFID), biometrics (like iris and facial recognition system), magnetic stripes, optical character recognition (OCR), smart cards, and voice recognition. AIDC is also commonly referred to as "Automatic Identification", "Auto-ID" and ...
Avoid storing your credit card near magnets or other magnetic items. If your purse or wallet has a magnet on it, ensure the magnetic strip on your card faces away from the magnet to help avoid damage.
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