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 ?
The challenge now is waiting for magnetic stripe readers to disappear.
Aside from magnetic stripe cards, it can access ISO 14443 Type A and B cards, MIFARE cards, FeliCa cards, and ISO/IEC 18092 NFC tags.
The card companies aim for an essentially zero error rate as regards the functioning of the magnetic stripe system.
If you're conducting a cost analysis, it's easier to justify lower-cost magnetic stripe technology than smart cards," says Hassenmiller.
Focused on introducing fast-cycle innovation to top card issuers, the company's first commercial application is the world's first fully card-programmable magnetic stripe for use in next-generation payment cards.
Although magnetic stripe technology has been around since the early 1970s, encryption methods are still evolving and being incorporated as they are improved.
The Electronic Stripe[TM] is then populated with the correct magnetic information so that the card can also be used with magnetic stripe readers.
The Dell E157FPT, available in February is priced at $529, or $589 with an optional attachable magnetic stripe reader.
Featuring an EMV 2000 smart card acceptor and magnetic stripe card reader, the NURIT 293 with high speed ARM processor integrates with third-party POS and electronic cash register (ECR) systems for smooth and economical migration to PIN-based EMV credit and debit transactions.
The ViVOpay 4500 features ARM processor-based hardware with large application memory to support multiple branded EMV and magnetic stripe contactless applications in addition to retailer loyalty, prepaid and NFC mobile phone payment programs.
bank-issued credit and debit cards, which typically do not have a chip but instead use a magnetic stripe and cardholder signature, will work with the new Chip and PIN systems.