1960 Magnetic stripe card – An IBM Engineer by the name of Forrest Parry, was the inventor of the magnetic strips card which stores data by modifying the magnetism of tiny iron-based magnetic particles on a band. These magnetic strips are used today from everything such as credit cards to ID’s, drivers licenses, grocery cards etc.
hot selling magnetic stripe card. #magneticstripecard #pvccard A magnetic stripe card is a type of PVC card with a band of magnetic material embedded into resin on the back of the card. The magnetic stripe is read by physical contact and swiping past a reading head. Magnetic stripe cards are commonly used in credit and identity cards.
Consumers - EMV Connection-If you’re wondering what that new chip is on your credit or debit card, you are not alone. Paying with a chip card instead of a magnetic stripe card brings added security for your in-store transactions. Chip technology has been implemented in more than 80 countries around the world. At the end of 2014, approximately 120 million chip cards had been issued in the U.S. and 3.4 billion chip cards had been issued globally.