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no one knows why they just r

sorry 4 the lame answer but i can't find it anywhere

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10y ago
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12y ago

The magnetic stripe are found on the back of bank cards and some types of identification cards for security systems.

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6y ago

To store information, which is then read by a magnetic reader.

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Q: What is a magnetic stripe used for?
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Related questions

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

Magnetic stripe readers


When was Magnetic stripe card created?

Magnetic stripe card was created in 1960.


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.


What is a stripe card that contains information identifying you and the card?

magnetic stripe


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.


How is magnet used in ATM cards?

Magnetic Stripe Card is capable of storing Data by modifying the magnetism


What data is on a credit card magnetic strip?

Why do credit cards have a magnetic stripe on the back


Where are the disadvantages of magnetic stripes?

Magnetic Stripe technology is one of the most universal methods in Automatic Identification and Data Capture (AIDC) industry. This technology is very much established and has been developed for quite a long time. Magnetic stripe technology is used everywhere


Where is data stored on a credit card?

in a magnetic stripe, for magnetic cards and in a chip, for smart cards


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

magstripe reader


What is skimming in Information tec?

The act of using a skimmer to illegally collect data from the magnetic stripe of a credit, debit or ATM card. This information, copied onto another blank card's magnetic stripe, is then used by an identity thief to make purchases or withdraw cash in the name of the actual account holder.


Is it illegal to buy a magnetic stripe reader writer?

yes you will go to jail