Which of the following types of credit cards is currently diminishing in popularity and being replaced by the other three types?
A)magnetic stripe
B)chip card
C) smart card
D) contactless payment card

Question

Which of the following types of credit cards is currently diminishing in popularity and being replaced by the other three types?
A)​magnetic stripe
B)​chip card
C) ​smart card
D) ​contactless payment card

Quizplus · Accepted Answer

Magnetic stripe cards are currently diminishing in popularity and being replaced by chip cards, smart cards, and contactless payment cards. This is because magnetic stripe cards are more vulnerable to fraud and can easily be cloned or skimmed.

Which of the Following Types of Credit Cards Is Currently