After building a USB magnetic stripe reader, [David Cranor] has found a way to fool a magnetic stripe reader using a hand-wound electromagnet and an iPod. The data on a card is read and stored on a… ...

After building a USB magnetic stripe reader, [David Cranor] has found a way to fool a magnetic stripe reader using a hand-wound electromagnet and an iPod. The data on a card is read and stored on ...

Square’s popular magnetic stripe card reader plugs into an iPhone headphone jack, giving small business owners who would otherwise go cash only the ability to accept debit and credit cards.

Amazon's card reader only costs $10, and the company has promised that customers who register for the service before October 31 will only be charged 1.75 percent on all transaction fees made ...