We found 2 definitions of magnetic stripe from 2 different sources.
Noun |
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magnetic stripe - 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. | ||
mag tape, magnetic tape, tape memory device consisting of a long thin plastic strip coated with iron oxide; used to record audio or video signals or to store computer information; "he took along a dozen tapes to record the interview" | ||
charge card, charge plate, credit card, plastic a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered; "do you take plastic?" |