Curious Minute
Oct 19
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Curious Minute answer

What is the name of the thin magnetic strip on the back of a credit card that stores account information?

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The answer

Magstripe


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Why it's right

A magstripe is a magnetic stripe that stores information on a card. A reader detects patterns encoded in the magnetic material. The stripe can hold account data used to identify the card during a transaction.



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Sources: Wikipedia