magnetic stripe

American  

noun

1. magnetic strip.

2. Movies. stripe.

---

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

---

Etymology

Origin of magnetic stripe

First recorded in 1950–55

Example Sentences

While such disruption remains relatively rare, Mr Minter says that the magnetic stripe is declining in popularity either way.

From BBC • Aug. 15, 2024

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

But LoopPay’s MST technology has an advantage: It also works with older payment systems by emulating a commonly used magnetic stripe card.

From New York Times • Oct. 7, 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