magnetic stripe

Noun
  1. is a type of: mag tape, magnetic tape, tape - memory device consisting of a long thin plastic strip coated with iron oxide; used to record audio or video signals or to store computer information
    is a part of:
    • charge card, charge plate, credit card, plastic - a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered
    • debit card - a card (usually plastic) that enables the holder to withdraw money or to have the cost of purchases charged directly to the holder's bank account

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