NEW YORK--(BUSINESS WIRE)--SmartMetric, Inc. (OTCQB: SMME): Mastercard has announced that by 2024 card issuers will no longer be required to use magnetic stripes on their credit and debit cards.

Chip cards are less vulnerable to skimming than magnetic stripe cards, but they aren’t completely safe. Crooks can still capture your card information from a chip card using a technique called ...

NEW YORK (AP) – A big change is happening inside your wallet. U.S. banks, tired of spending billions each year to pay back fleeced consumers, are in the process of replacing tens of millions of old ...

Mastercard announced that all of its debit and credit cards will lose the iconic magnetic stripe starting in 2024. Various advancements in payment technology have made the magnetic stripe unnecessary.

Add Yahoo as a preferred source to see more of our stories on Google. Credit and debit cards in the U.S. now have EMV -- Europay, Mastercard and Visa -- chip technology, the global standard for card ...

Apple Card will start to change by 2027. Mastercard announced it’s “swiping left” on magnetic stripes after decades of supporting this technology. “The shift away from the magnetic stripe points to ...

As European and Chinese payment card issuers steadily move to support EMV-only cards that lack a magnetic stripe to conduct transactions, global competitive pressure may force the U.S. to adopt EMV ...

Mastercard has announced it will be phasing out the magnetic stripe on its payment cards in "most markets" from 2024 as reliance on chip-based and contactless payments continues to grow. The company ...

It has been ten months since the October 1, 2015 deadline for credit card companies and retailers to switch to smart chip EMV credit cards in order to avoid liability for fraudulent card use and now ...

Credit card payment methods have evolved dramatically over the years, from manual credit card imprinters to magnetic strip cards to cards with a computer chip that are inserted in a reader device. Get ...

Chip Cards vs. Magnetic Stripes: Is One More Likely to Fall for Scams? Think back to the last time you paid for something at a store. Did you swipe your card, or did you dip it into the terminal? The ...