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Forest Parry (IBM Corp):
http://en.wikipedia.org/wiki/Forrest_Parry
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How do you erase magnetic information on a credit card?
Take a magnet, swipe it on the magnetic strip on the card.
Why chip more secure than magnetic strip on credit cards?
The chip contains a tiny microprocessor programmed with a unique encryption key different from all other chips. This key cannot be copied as it cannot be read out of the chip, it is only used within the chip, During the process of authorizing the transaction this microprocessor is interrogated and generates a transaction code using that key that uniquely identifies both the transaction and the card used. When the sales terminal sends that transaction code to the bank, the bank's computer can verify that the correct card was actually used. This cannot be verified using the magnetic stripe as it can potentially be copied to any card.
Do you need a credit card to get free apps for the Kindle fire?
Free apps come free of charge (thus don't require a credit card), but the vendor might require user registration, which could require a registration of a valid credit card as part of a fraud and abuse prevention scheme.
What is a payment gateway related to credit card processing?
To put it simply, a payment gateway is the internet's version of a credit card terminal (the machine you swipe your card through in store). A payment gateway is much more than just a credit card machine. It offers the ability to securely process payments in a various amount of ways. It also offers merchants the ability to store credit card information in a PCI compliant environment. The payment gateway assists a credit card transaction by passing through the cardholder data in an encrypted format to the processor platform. A payment gateway can be customized and setup through any retail, restaurant or website shopping cart software. There are a variety of ways a payment gateway is used to process credit card payments but the main function of the gateway is to secure, transmit and transfer the data to a platform for settlement.
What is senf?
Senf is the German word for Mustard.It is also the name of a Java programming tool for finding numbers on computers (credit card numbers and the like).
What data is on a credit card magnetic strip?
Why do credit cards have a magnetic stripe on the back
How do you erase magnetic information on a credit card?
Take a magnet, swipe it on the magnetic strip on the card.
Magnet damage a credit card?
Yes, The black strip on the back of a credit card (or any other plastic card with a dark strip) stores information on it in magnetic form. Thus if you place a credit card near a strong magnet it will change/damage this magnetic information making the strip unreadable.
How does your credit card get erased?
A credit card is a piece of plastic with a strip of magnetic information on it. When this strip is exposed to a strong magnetic field, like in an MRI, PET scan, or CAT scan it can get erased because the magnetic field removes the magnetic information.
What could be used for storing info on your credit card?
A magnetic strip, which can be read by a card reader.
The use of a magnetic stripe reader?
The data stored on a credit or debit card is stored not only in the metallic chip - but also on a magnetic strip on the rear of the card. Magnetic card readers read the data from the strip on the card, instead of the embedded chip.
What is used to read the magnetic strip on the back of a credit card?
A magnetic card reader/magnetic reader your credit card has lots of little squares on the black strip. Each one is magnetised or not. this represents 1/0 binary. 8 of these make a byte. the magnetic card reader detects these little 1/0 dots and turns them into numbers.
Why might a credit card not work after being heated?
information is encoded in a magnetic strip
Why does a credit card reader only work sometimes when wrapped in plastic?
It may have something to do with the magnetic strip on the card.
Does the strip of tape found at the back of a credit card or bank card contains magnetic strip codes?
The magnetic strip contains data relating to the Account number, Branch number & Sort code of the bank where the account is held.
How do electromagnets transfer data onto a credit card?
When a credit card is swiped through a reader, pulses of current are generated in the coils and read the electromagnets on the magnetic strip of the credit card.
What are the main uses for a credit card imprinter?
A credit card imprinter is capable of taking a carbon copy image of a credit card. Its main use is in situations where the magnetic strip is not recognized.
