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Is 120 kilobytes as much as a Magnetic Stripe Card?

It's about 1,000 times as much as a Magnetic Stripe Card
The amount of a Magnetic Stripe Card is about 0.10 kilobytes.
(maximum capacity; per ISO 7811 specification)
The storage capacity of a magnetic stripe on a credit or identification card is about 0.10 kilobytes. According to legend, Forrest Parry, the IBM engineer who developed the first magnetic stripe card in 1960, was able to solve the problem of adhering the strip to the card after his wife suggested using an iron.
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