Prolonged exposure to magnets can affect the functionality of your credit card. Cards with magnetic strips can also become ...

Do magnets spell doom for credit cards? Many of us have held onto vague rumors about the potential dangers of magnets interfering with the functionality of our credit cards. Let's take a look at ...

Credit cards with magnetic stripes appear to have been first introduced by American Express in 1970. The technology caught on with other issuers over the ensuing decade.

Compared to magnetic strips that are more easily duplicated, contactless credit cards are much more secure. The easiest way for a thief to leverage contactless payment technology is to steal your ...

Instead of a magnetic strip that you swipe, most credit cards now have an EMV chip that you insert into a card reader or even use to pay contactlessly. Luckily EMV chips aren’t affected by magnets.

Prolonged exposure to magnets can affect the functionality of your credit card. Cards with magnetic strips can also become demagnetized due to dirt, scratches and other damage. EMV chip technology ...

Prolonged exposure to magnets can affect the functionality of your credit card. Cards with magnetic strips can also become demagnetized due to dirt, scratches and other damage. EMV chip technology ...

Prolonged exposure to magnets can affect the functionality of your credit card. Cards with magnetic strips can also become demagnetized due to dirt, scratches and other damage. EMV chip technology ...