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The stripe is effectively a small strip of magnetic recording tape. It contains 3 tracks of digital data.

  1. track 1 uses a 6 bit alphanumeric character code with parity and contains information for use by the card issuer
  2. track 2 uses a 4 bit numeric character code with parity and contains information for use by the banking industry
  3. track 3 has almost never been used and is not even present on cards with narrower stripes
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9y ago

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