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A card reader can understand the information on the magstripe.
Most general-access cards use a magstripe, but some may have a different method for access.
The magstripe on the back of the card is very similar to a piece of cassette tape.
The magnetic stripe, sometimes called a magstripe, is read by physical contact and swiping past a reading head.
The magstripe on every card I've owned fades/scratches out over time from badly made readers.
The magstripe is made up of tiny, iron-based magnetic particles in a plastic-like film.
It had only the word "Chikamatsu" printed on it, but there was a magstripe along one edge.
It reads a second data stripe that, unlike the magstripe, cannot easily be rewritten with off-the-shelf equipment.
The stripe on the back of the security passcard is a magnetic stripe, often called a magstripe.
A reader detects the changes in its magnetic field caused by the flux reversals on the passcard's magstripe.
"In the Americas, the more mature, out-dated magstripe cards are the dominant if not exclusive technology for swiping a payment.
Previously, merchants could obtain lower processing costs by processing chip cards instead of magstripe cards.
The magstripe can be "written" because the tiny bar magnets can be magnetized in either a north- or south-pole direction.
A capacitive sensor head near the magstripe reader observes the alternating capacity as the card is moved past the sensor and decodes the represented number.
By design, the passcards were featureless: just the blue DigiCom logo, a stamped serial number, and a magstripe on the back.
Clients that transact at the agent use a magstripe bank card or their mobile phone to access their bank account or e-wallet respectively.
When the card is encoded with personal identifying information, the odds of two encoded magstripe cards having an identical magnetic signature are approximately 1 in 10 Billion.
I'm also sorry to inform you that all EFTPOS transactions in Australia are magstripe only.
The MetroCard does have a magnetic stripe, but both the track offsets and the encoding differ from standard Magstripe cards.
All debit cards and nearly all credit cards have EMV-chips, but for legacy purposes, they still have a magstripe.
A change in strength can reverse the polarity of the tiny magnetic bars in the magstripe if they are positioned in the gap of the encoding solenoid.
This is common in the U.S. (PayPass Magstripe and VISA MSD).
This sensor works in a similar fashion to the magnetic read head found in a magstripe card reader, except that it senses not a change in magnetic flux, but a change in the dielectric constant of the card's material.
The Portfolio appears in the film Terminator 2: Judgment Day, where it is used by the young John Connor to bypass security on an ATM with a ribbon cable connecting the Portfolio's parallel interface to a magstripe card.
For example, if you have a chip and pin terminal and a chip and pin card and you rock up and immediately use the magstripe with no attempt to read the chip then this can be detected, scored higher and may cause the transaction to be rejected.
