magstripe
/ˈmaɡstrʌɪp/noun
A magnetic strip as a medium in which data may be stored, especially as used on some swipe cards and cinema film; the medium itself.
adjective
Relating to or containing a magnetic strip; (also) designating electronic devices involved in the encoding or reading of swipe cards with such a strip.
- A trademark in the United States..
Origin
1970s; earliest use found in Banking. From mag + stripe, or shortened from magnetic stripe.