Credit card terms and glossary - Magnetic stripe


	CreditCardGuide > Glossary > Magnetic stripe Credit Card Glossary Puzzled by credit card jargon? Browse the CreditCardGuide.com glossary for the definitions of common and confusing credit card terms. All 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Magnetic stripe A piece of magnetic tape embedded in the back of a debit, credit or ATM card. The magnetic stripe contains encoded information about the account, including the account number, expiration date and cardholder's name. The data on the magnetic stripe are decoded by card readers, allowing consumers to make transactions.

Magnetic stripe