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Anyone with Payoneer card and magnetstripe reader, is there owners name on it

Discussion in 'BlackHat Lounge' started by painy1, Jan 11, 2014.

  1. painy1

    painy1 Junior Member

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    I was wondering, does the payoneer mastercard have the owner's name written on the magnetic-stripe or not? I could check it if I had a reader but I don't.
    The main reason is that I don't want the atm and the local financial monitoring systems pick me up if go and withdraw 5k each week.
     
  2. innozemec

    innozemec Jr. VIP Jr. VIP

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  3. painy1

    painy1 Junior Member

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    It follows IATA and ABA standards so there is name written on track 1 but the catch is that most of the ATMs read only the Track 2 which doesn't include name.
    The name won't hurt you unless you have unique front- and lastname combination, like I do and I live in one of the most strict countries. :(
    You can try to destroy the track 1 which is 2.79 mm wide, which includes the name. You can remove it physically with some high precision tools or use a magnetstripe writer to erase it. You can obtain a writer for $200 or less.

    Sources:
    Payoneer support
    http://www.plasticrewards.com/blog/w...Strip-gray.jpg
    http://www.acmetech.com/documentatio...ck_format.html