Magnetic Stripe definition

Magnetic Stripe refers to a stripe of magnetic information affixed to the back of a plastic credit or debit Card. The magnetic stripe contains essential Cardholder and account information.
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Magnetic Stripe means a stripe of magnetic material affixed to the back of a Card that contains Cardholder
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Magnetic Stripe means the magnetic stripe affixed to the back of a Card which contains Card Information;
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Examples of Magnetic Stripe in a sentence

  • The account number must be read electronically from the Magnetic Stripe.

  • Card data information protected by the P2PE Service may include Track 1 or Track 2 data (Magnetic Stripe Data obtained through a magnetic card swipe read) or PAN Data (Manually Entered Personal Account Number ("card") data) as appropriate to the type of transaction processed on the SCD.

  • If you use an electronic device (e.g., authorization/draft capture terminal, cash register, POS Device, etc.) and swipe the Card to read and capture the Card information via the Magnetic Stripe, you do not have to imprint the Card.

  • If the Magnetic Stripe is unreadable, you must request another form of payment from the customer.• Any applicable tax must be included in the total transaction amount for which Authorization is requested.

  • Networked Reader,” “Networked Reader Keypad,” and “Networked Magnetic Stripe Read Head” are collectively referred herein as “Product.” "Credential" shall not include credentials made of only PVC material.

  • If the Magnetic Stripe is unreadable, you must request another form of payment from the Cardholder.• Any applicable tax must be included in the total transaction amount for which Author- ization is requested.

  • Retain or store Card Magnetic Stripe, CVV, CVV2, CVC2 or CID data (including Track Data) subsequent to Authorization for a Card Transaction.

  • If you use an electronic device (e.g., authorization / draft capture terminal, cash register, POS Device, etc.) and swipe the Card to read and capture the Card information via the Magnetic Stripe, you do not have to imprint the Card.

  • Magnetic Stripe Cards are to be swiped through the Magnetic Stripe Card Reader.

  • Card data information protected by the E2EE Service may include Track 1 or Track 2 data (Magnetic Stripe Data obtained through a magnetic card swipe read) or PAN Data (Manually Entered Personal Account Number (card data) as appropriate to the type of transaction processed on the terminal.


More Definitions of Magnetic Stripe

Magnetic Stripe means a strip of magnetic tape affixed to the back of a Card containing basic Data such as theaccount number and the Customer’s name.
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Related to Magnetic Stripe

  • Computer database or “database” means a collection of recorded information in a form capable of, and for the purpose of, being stored in, processed, and operated on by a computer. The term does not include computer software.

  • Electronic smoking device means any product containing or delivering nicotine or any other substance intended for human consumption that can be used by a person in any manner for the purpose of inhaling vapor or aerosol from the product. The term includes any such device, whether manufactured, distributed, marketed, or sold as an e-cigarette, e-cigar, e-pipe, e-hookah, or vape pen, or under any other product name or descriptor.

  • Film means single media or multimedia entertainment content for distribution or exhibition to the general public by any means and media in any digital media format, film, or videotape, including, but not limited to, a motion picture, a documentary, a television series, a television miniseries, a television special, interstitial television programming, long-form television, interactive television, music videos, interactive games, video games, commercials, internet programming, an internet video, a sound recording, a video, digital animation, or an interactive website.