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.