answersLogoWhite

0


Best Answer

The data stored on a credit or debit card is stored not only in the metallic chip - but also on a magnetic strip on the rear of the card. Magnetic card readers read the data from the strip on the card, instead of the embedded chip.

User Avatar

Wiki User

7y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: The use of a magnetic stripe reader?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is used to read the information from the magnetic stripe?

Magnetic stripe readers


What reader reads the magnetic stripe on the back of credit cards entertainment cards bank cards and other similar cards?

A magnetic stripe reader is used to read the information stored on the magnetic stripe on the back of cards like credit cards, entertainment cards, bank cards, and other similar cards. The magnetic stripe contains data such as account number and expiration date, which is swiped through the reader to facilitate transactions.


What reads the magnetic stripe on the back of the credit cards?

A card reader reads the magnetic stripe on the back of credit cards. This device contains a magnetic head that scans the stripe to retrieve information stored on it, such as the card number and expiration date. This data is then used to process transactions.


What is used to read the information from the magnetic stripes on the back of a credit card?

A magnetic stripe reader is used to read the information on the magnetic stripe of a credit card. This device scans the data encoded on the stripe and then transmits it to a computer for processing.


contains magnetic stripe that stores information?

A magnetic stripe card contains a magnetic stripe that stores information. Unlike smart cards, magnetic stripe cards are passive devices that contain no circuits. These cards are sometimes called swipe cards: they are read when swiped through a card reader.


Is it illegal to buy a magnetic stripe reader writer?

yes you will go to jail


Can magnetic card reader resert the pin code inside the card?

Pin numbers are not stored in the magnetic stripe on cards. This would make it too easy for thieves to use a code reader to get your pin. The pin is stored on the banks computer.


What is a magnetic stripe?

A magnetic stripe is a black or brown stripe on the back of credit cards, identification cards, and other similar cards that contains encoded data in a magnetic form. This data is read by swiping the card through a card reader, allowing for the quick and easy transfer of information.


How do credit cards use magnets?

Credit cards use magnets in the form of a magnetic stripe that stores account information. When swiped through a card reader, the magnetic stripe transfers the encoded data to complete a transaction. This technology is gradually being replaced by more secure chip-enabled cards.


What is used to read the magnetic strip on the back of a credit card?

A card reader, also known as a magnetic stripe reader, is used to read the magnetic strip on the back of a credit card. This device decodes the data stored on the magnetic stripe, which typically includes the cardholder's name, account number, and expiration date.


What is used to read the information from the magnetic strip in a credit card?

A card reader, also known as a magnetic stripe reader, is used to read the information stored on the magnetic strip of a credit card. The reader uses a magnetic head to detect and decode the data on the strip, such as the card number and expiration date.


How is magnet used in ATM cards?

ATM cards have a magnetic stripe on the back that contains information such as the card number and expiration date. When the card is swiped at an ATM machine, the magnetic stripe is read by a magnetic card reader, allowing the machine to access the necessary account information to complete the transaction.