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Is this the end for the magnetic stripe?
Once common on tickets and cardkeys the magnetic stripe is being phased out.
For years, Steven Murdoch, a security researcher at University College London, had taken care not to put tickets or cards with magnetic stripes in his pocket next to his smartphone. The latter is cheaper, less durable, and more susceptible to disruption from magnets, says Lee Minter, head of global operations at Nagels, which makes magstripe tickets and other products. Magstripe has hung around for so long partly because it is relatively cheap and the specifications for reading machines were put in place many decades ago, says Stephen Cranfield at Barnes International, which makes equipment for magnetic stripe testing.
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