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Noun: magnetic stripe
  1. 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.
    "The cashier swiped the card's magnetic stripe through the reader to process the payment"

Derived forms: magnetic stripes

Type of: mag tape, magnetic tape, tape

Part of: charge card, charge plate, debit card, plastic [informal]

Encyclopedia: Magnetic stripe