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Tear element for magnetic stripe of transaction card
Last updated:
Abstract:
Provided are approaches for deactivating an identification chip of a transaction card using a tear element. In some approaches, the transaction card may include a body, the identification chip coupled to the body, and the tear element disposed between the identification chip and the body. The tear element is operable to decouple the identification chip from the body when the tear element is pulled or otherwise moved away from the body.
Status:
Grant
Type:
Utility
Filling date:
4 Mar 2020
Issue date:
12 Jan 2021