Card swiping can refer to two different things: card swiping scamming and the process of using a swipe card.
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Card Swiping Scamming: This is a type of fraud that involves the use of stolen credit or debit card information to make purchases or withdraw money from a victims bank account. Criminals can obtain card details by skimming or "shimming" them when conducting transactions at retail point-of-sale terminals. They may also attempt identity theft by creating fake documents using victims names and addresses in order to open new accounts without their knowledge or consent. To protect yourself from becoming a victim of card swiping scamming, there are several steps you can take, such as being aware of your surroundings when using your credit card and never giving out your credit card information to anyone.
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Using a Swipe Card: A swipe card is a plastic card with a magnetic strip that has encoded information which can be read when the card is slid through an electronic card-reading device. Swipe cards are used for various purposes, such as credit cards used to make purchases, swipe cards that work as keys to enter doors, and cards that can help companies keep track of workers time. When a swipe card touches or passes by the swipe-card reader, information is submitted to a central computer system to evaluate the information that was sent. The specifics of how the cards work may vary depending on the specific use of the swipe card, but the basics of how the cards work is the same.
