A Magnetic Swipe card is a type of card capable of storing data by modifying the magnetism of tiny iron-based magnetic particles.
Saturday, June 25, 2011
Swipe Fee Reform
[WASHINGTON, DC] - Durbin spoke on the senate floor against a proposed delay in the implementation of new swipe fee reforms. Swipe fees are supposedly charged by Visa and MasterCard in order to cover the cost of processing a credit or debit card transaction.
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