(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
Examples of 'magnetic stripe' in a sentence
magnetic stripe
Its machine has read the magnetic stripe and its money is assured.
Times, Sunday Times (2015)
Itdoes it by mimicking the magnetic stripe the card reader sees.
The Sun (2015)
A second signal makes a regular reader think the phone is a card's magnetic stripe.
The Sun (2015)
Other members of the network used magnetic stripe encoders, widely available on the internet, to put the stolen information onto fake cards.