Uncategorized MasterCard Malaysia determined to tackle credit card fraud

Nor Faridah Rashid reports from Kuala Lumpur on MasterCard’s plans to fight counterfeiting of cards by magnetic stripe skimming from deploying Magneprint, a technology developed by MasterCard International and MagTek.

Magneprint is the first technology that proactively helps prevent card skimming by using the “intrinsic” physical properties or a magnetic stripe (which are unique to every card) to differentiate between an original and a cloned card.

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