magstripe

noun

mag·stripe | \ ˈmag-ˌstrīp

How to pronounce magstripe (audio)

\

plural magstripes

Definition of magstripe

: the magnetic strip on a swipe card that contains personal information —often used before another noun a magstripe card… American credit cards use the 40-year-old magstripe technology to process transactions …— Bill Saporito

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The first known use of magstripe was in 1973

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