The hardware to clone magstripe cards is shockingly cheap and easy to get hold of. I was tickled a few years ago when Samsung tried to roll out mobile payments

The hardware to clone magstripe cards is shockingly cheap and easy to get hold of. I was tickled a few years ago when Samsung tried to roll out mobile payments in the US and had to include a kind of hardware magnetic stripe emulator in their phones, chip & pin is nowhere near ubiquitous yet.