magnetic stripe


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Related to magnetic stripe: Magnetic stripe card

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 ?
The EMV-based track data stored on the EMV chip does not include the card validation code stored on the magnetic stripe, Billett noted.
Aside from magnetic stripe cards, it also supports ISO 7816 Class A, B and C smart cards, MCU cards with T=0 or T=1 protocol, and most memory cards.
For international and China magnetic stripe market analysis, the report analyzes Magnetic Stripe markets in China and other countries or regions (such as US, Europe, Japan, etc) by presenting research on global products of different types and applications, developments and trends of market, technology, and competitive landscape, and leading suppliers and countries' capacity, production, cost, price, profit, production value, and gross margin.
Issuers can now introduce new payment functionality to all cardholder segments without changing the magnetic stripe infrastructure.
Table 14: World Historic Review for Magnetic Stripe Card
Anacomp will sell magnetic stripe, used primarily on bankcards, security and personal identification cards, directly to card manufacturers.
The Dell E157FPT, available in February is priced at $529, or $589 with an optional attachable magnetic stripe reader.
Complete protection of the magnetic stripe is a key component of Visa CardShield, a worldwide program to provide the ultimate in bank card security.
Following the field tests an advanced card authentication technology will emerge as the worldwide industry standard for complete protection of the magnetic stripe.
In addition to magnetic stripe and smart card EMV-based credit and debit transactions, it supports value-added services, such as loyalty programs, gift cards and prepaid services.