A magnetic stripe card reader, often called
a magstripe reader, reads the magnetic stripe on
the back of credit cards, entertainment cards,
bank cards, and other similar cards. The stripe,
which is divided in three horizontal tracks, contains
information
MICR (magnetic-ink character recognition)
devices read text printed with magnetized ink.
An MICR reader converts MICR characters
into a form the computer can process
Data Collection Devices
Biometric Input
authenticating
Terminals
Point-of-Sale Terminals
Automated Teller Machines
DVD Kiosks
Putting It All Together