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Mag Stripe

David L. Stearns

in Paid: Tales of Dongles, Checks, and Other Money Stuff

Published in print:
2017
Published Online:
January 2018
ISBN:
9780262035750
eISBN:
9780262338332
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262035750.003.0004
Subject:
Economics and Finance, Macro- and Monetary Economics

The plastic card is likely the most ubiquitous non-cash payment technology. It has been around since the mid-20th century, but may soon be obsolete. A key component of how plastic payment cards work ... More


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