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.
Magnetic Stripe means the magnetic stripe affixed to the back of a Card which contains Card Information;

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.

  • MTMS15Multi-Technology Magnetic Stripe Reader – Wall MountDimensions: 4.43" x 5.17" x 1.15".

  • A person shall not bring into a protected area, matches, cigarette lighter, or an unapproved torch.

  • 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.

  • The Magnetic Stripe Reader reads the Magnetic Stripe Track Data of the Magnetic Stripe Card of the Cardholder.

  • 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.

  • 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.

Related to Magnetic Stripe

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