Mastercard is getting rid of magnetic stripes on its credit and debit cards over the next 10 years, part of a broader push from the company to use "more capable and secure" alternatives to the ...

For several years now, we've seen consumers and merchants move away from magnetic stripe payments with credit cards. As new payment methods – such as chip and PIN, NFC payments, and even biometric ...

NEW YORK - Visa (V) and MasterCard (MA) are renewing a push to speed the adoption of microchips into U.S. credit and debit cards in the wake of recent high-profile data breaches, including last week's ...

NEW YORK -- Visa and MasterCard are renewing a push to speed the adoption of microchips into U.S. credit and debit cards in the wake of recent high-profile data breaches, including this week's ...

Is the dark, broad magnetic strip on the back of the credit cards that you–or your customers–swipe during purchases going the way of the eight-track tape player and dial-up modem? That appears to be ...

Chip card technology has become the standard at merchants throughout the United States -- and the world -- supplementing or replacing the magnetic stripe readers that have been used for decades.

Unlike magnetic strip cards that transfer a credit card number when they are swiped at a point-of-sale terminal, chip cards use a one-time code that moves between the chip and the retailer’s register.