The Credit Card Strip Was Invented to Speed Up Sales? #creditcard #history

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Entertainment Education credit card strip magnetic stripe forrest parry ibm invention 1970 tech payment speed unencrypted data card fraud retail innovation

The credit card magnetic strip was invented in 1970 — not for security, but for speed. This is how convenience weakened protection. Follow for more.
#history #creditcard #invention #technology #1970 #design

Forrest Parry and the Magnetic Stripe, IBM Archives, 1970
https://www.ibm.com/history/magnetic-stripe

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