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The Credit Card Strip Was Invented to Speed Up Sales? #creditcard #history
1 month ago
15
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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