Definitions for "Magnetic Strip"
Keywords:  strip, tills, plastic, card, reader
The strip of magnetic recording material on a plastic card
The most extensively used form of automated data collection. This reader can vary between the small strip on goods labels which are used to automate tills and provide an alternative to bar codes, to the bank and credit cards used extensively in cash machines for electronic funds transfer.
The strip of magnetic recording material on an I.D. card.