magnetic stripe

2 definitions found

magnetic stripe - WordNet (r) 2.1 (2005) :

  magnetic stripe
      n 1: a short strip of magnetic tape attached to a credit card or
           debit card; it contains data that will tell a reading
           device who you are and what your account number is, etc.

magnetic stripe - Free On-line Dictionary of Computing (26 May 2007) :

  magnetic stripe
  
     <storage> A black stripe printed on the back of a credit card
     or similar, containing microscopic iron particles that can be
     magnetised like magnetic tape to store specific information
     like bank account details.
  
     (2004-06-23)