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Card Technology
Today with an infra-structure that encompasses every store in the high street giving them an ability to read the information on the magnetic stripe, the technology is everywhere. Information that can be stored on the stripe and the security of the data, solutions to solve these problems exist from various vendors.
It is very inexpensive and readily adaptable to many functions. The standardization of high coerciveness for the financial markets has provided the industry with a new lease on life. This coupled with the advent of the security techniques now available means that many applications can expect to be using magnetic stripe technology for the next ten to twenty years.