magnetic stripe

American  

noun

1. magnetic strip.

2. Movies. stripe.

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magnetic stripe British  

noun

1. (across the back of various types of cheque card, credit card, etc) a dark stripe of magnetic material consisting of several tracks onto which information may be coded and which may be read or written to electronically

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Etymology

Origin of magnetic stripe

First recorded in 1950–55

Example Sentences

One downside to that, he suggests, is that magnetic stripe failures and fraud are currently well understood.

From BBC • Aug. 15, 2024

Banks would issue the cards, not Visa, and they were mandated to add the magnetic stripe to their cards.

From New York Times • Aug. 5, 2022

From 2029, no new Mastercard debit or credit cards will come with a magnetic stripe, and they’ll be gone completely by 2033.

From The Verge • Aug. 17, 2021

“The chip technology adds security by having the payment data that’s stored on the magnetic stripe stored in a secure computing chamber inside the chip,” Vanderhoof said.

From Washington Post • Oct. 12, 2015

Another application of induction is found on the magnetic stripe on the back of your personal credit card as used at the grocery store or the ATM machine.

From Textbooks • Aug. 12, 2015