Magnetic Stripe card reader is Data capture device that reads information via contact with a card carrying a magnetic stripe. Also called card swipe machine or just swipe machine because the card must be passed (swiped) through a slot for reading the stored information.Magnetic stripe reader is in the Banking, Commerce & Finance and E-Commerce subjects.Magnetic stripe reader appears in the definitions of the following terms: card swipe machine, smart card, data encryption standard (DES), swipe discount rate, swipe, point of sale terminal, machine readable, magnetic stripe, swipe machine and bank card.
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