what is a magnetic strip
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magnetic stripe card is a type of card capable of storing data by modifying the magnetism of tiny iron-based magnetic particles on a band of magnetic material on the card. The magnetic stripe, sometimes called swipe card or magstripe, is read by swiping past a magnetic reading head. Magnetic stripe cards are commonly used in credit cards, identity cards, and transportation ticket.
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a strip of magnetic material on which information may be stored, as by an electromagnetic process, for automatic reading, decoding, or recognition by a device that detects magnetic variations on the strip: a credit card with a magnetic strip to prevent counterfeiting.
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