Magstripe-only cards are being phased out due to relative ease with which These are cloned. Given that they don't provide any encoding protection and incorporate static data, they are often duplicated applying an easy card skimmer that could be acquired on the web for any couple of bucks. 

Magstripe-only cards are being phased out as a result of relative relieve with which They are really cloned. On condition that they don't provide any encoding protection and incorporate static facts, they are often duplicated working with an easy card skimmer which can be bought online for just