Magnetic Stripe Reader – Everything You Need To Know

A magnetic stripe reader is a simple device that can provide many benefits to your business. Although the magnetic stripe technology was invented by Fritz Pfeulmer in 1928, it was not until the early 1960s that the technology was used for everyday tasks. And it was in the 1970s that the technology found its way into the banking sector. Since then, the use of magnetic stripe readers has become widespread.

EMV magnetic stripe reader


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