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 MAGNETIC STRIPE Definition
We define MAGNETIC STRIPE |
MAGNETIC STRIPE - A piece of plastic coated with ferromagnetic particles to hold a magnetic flux. In human speak: a strip of audiotape glued onto a card to hold a bit of information. Every credit card has one on the back--it's the black/brown stripe. It usually holds the stuff that's imprinted on the card, like the account number and the expiration date. |
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