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.
Sample 1Sample 2Sample 3
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.
Sample 1
Magnetic Stripe means the magnetic stripe affixed to the back of a Card which contains Card Information;
Sample 1

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.

Related to Magnetic Stripe

  • Electronic Interface means access to operations support systems consisting of preordering, ordering, provisioning, maintenance and repair and billing functions.

  • Electronic nicotine delivery system or “(ENDS)” means any device that delivers a vaporized solution (including nicotine, THC, or any other substance) by means of cartridge or other chemical delivery systems. Such definition shall include, but may not be limited to, any electronic cigarette, vape pen, hookah pen, cigar, cigarillo, pipe, or personal vaporizer. ENDS are not FDA-approved nicotine replacement therapy devices.

  • Open video system means an open video system authorized pursuant to 47 U.S.C. § 573 and, for

  • Video means simulated movement created by the display of a series of images creating the illusion of continuous movement.