1960 Magnetic stripe card – An IBM Engineer by the name of Forrest Parry, was the inventor of the magnetic strips card which stores data by modifying the magnetism of tiny iron-based magnetic particles on a band. These magnetic strips are used today from everything such as credit cards to ID’s, drivers licenses, grocery cards etc.
Three-track magnetic card reader can be used to swipe and read the magnetic stripe on the back of a credit or debit card or another magnetic stripe card * Two magnetic heads allow card to be read with one swipe, whichever way magnetic stripe is facing * Configuration of the reader enables cards to be swiped backward or forward at a speed of up to 60" per second * USB keyboard emulation transmits data to host systems and applications designed to receive keyboard input * Weighs 4.5 oz.; measur
Hacker Reads Magnetic Stripe Card With Flatbed Scanner | Hackaday