magnetic stripe

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magnetic stripe

[mag¦ned·ik ′strīp]
(computer science)
A small length of magnetic tape on a card or badge, containing data that is machine-readable.

magnetic stripe

(storage)
A black stripe, printed on the back of a credit card or similar, that stores a machine-readable copy of the information on the card. The stripe contains iron particles about 500 nanometers long that can be magnetised like magnetic tape. The data can be read by swiping the card through a card reader.

magnetic stripe

A small length of magnetic tape adhered to credit cards, badges, permits, passes and tokens. The tape is read by magnetic stripe readers incorporated into ATMs, identification readers and payment terminals. Due to the daily, heavy wear these cards receive, the digital recording on the stripe is in a very low-density format and often duplicated several times in case part of the stripe becomes damaged. See smart card.


Magnetic Stripes
The uses of magnetic stripes are a testimony to their durability. Adhered to credit cards and a variety of other plastic or paper cards, the low-density tape recording is designed to withstand abrasion from daily use.
References in periodicals archive ?
Always shield the keypad with your free hand and your body to avoid anyone seeing you enter your PIN Once you have completed a transaction, put your money and card away before leaving the cash machine If the cash machine does not return your card, report it immediately to your card company BEWARE OF THE CHEATS Magnetic strip can be easily cloned
A fallback transaction is one that is initiated between a chip card and a chip terminal but, for whatever reason, chip technology is not used and the transaction is completed via magnetic strip.
Older cards with magnetic strips contain data that can be stolen or replicated.
It forbids, for example, the storing of magnetic strip data on POS terminal and mandates the use of encryption.
Absolute linear displacement obtained by operating the AS5305 with a double-track magnetic strip.
When a card with a magnetic strip was used, the checkout time dropped to 26 seconds.
A smartcard looks like a credit card, but instead of a magnetic strip on the back, it is embedded with a computer chip loaded with data.
Dreier's proposal would require that all new Social Security cards be plastic and include an encrypted, machine-readable magnetic strip - much like a credit card - containing the holder's name and citizenship or residency status.
What card issuers want to do is eliminate the magnetic strip on the back of credit cards, which are easy to clone and invite fraud, for smart card chips which can be protected.
New and existing Clubcard customers are currently being issued with a new card which has both a magnetic strip and a barcode.
SmartCart Automatic Guided Cart (AGC) Model 100 and Model 200 are streamlined, battery-operated carts that follow an on-floor magnetic strip guidepath.
The system consists of an electronic purse on a commercial debit card, which uses both stored-value chip and magnetic strip technology.