We work with you to ensure your system is compatible, making the integration process as smooth as possible. A magnetic stripe card reader can read either type of magnetic stripe. Gerstner Jr.
Gift Cards With Mag Stripe
If you have already placed a request for a new EMV chip debit card online, but have not received one yet, visit your home branch for further information about the dispatch status. Once the data was stolen from a magnetic stripe card, it could be replicated on counterfeit cards and used to fraudulently purchase merchandise. Low coercivity stripes are easily damaged by even a brief contact with a magnetic purse strap or fastener. Banks, credit card networks, and security experts raved about the safer chip card technology while many consumers and businesses preferred the familiar ease of swiping at the register and were resistant to change.