Dynamics’ next generation mag stripe technology wins best of show
21 October, 2011
category: Financial
Dynamics Inc.’s next generation magnetic stripe technology took Best of Show honors at the 2011 BAI Retail Delivery conference, held Oct. 10 to 13 in Chicago.
Dynamics’ new technology allows for full card-programmable magnetic stripes. Cards include buttons that allow consumers to choose method of payment at point of sale. Users may choose from different payment options, including credit and rewards points. After swiping the card through a mag stripe reader, this information is communicated through Dynamics’ trademarked Electronic Stripe.
The Best of Show award was presented by the Credit Union National Association to honor companies that produce credit union technology.