{"id":1025,"date":"2014-04-10T17:21:07","date_gmt":"2014-04-10T17:21:07","guid":{"rendered":"http:\/\/www.gmarwaha.com\/blog\/?p=1025"},"modified":"2014-09-22T01:25:52","modified_gmt":"2014-09-22T01:25:52","slug":"mobile-payments-what-is-a-magnetic-stripe-card","status":"publish","type":"post","link":"https:\/\/www.gmarwaha.com\/blog\/2014\/04\/10\/mobile-payments-what-is-a-magnetic-stripe-card\/","title":{"rendered":"Mobile Payments: What is a Magnetic Stripe Card?"},"content":{"rendered":"<h4 style=\"text-align: justify;\">What is a Magnetic Stripe Card?<\/h4>\n<p style=\"text-align: justify;\">\n<div class=\"row-fluid\" style=\"min-height:0;\">\n<div class=\"span12\" style=\"min-height:0; border-bottom:1px dotted rgba(0,0,0,0.1); margin-top:10px; margin-bottom:10px; \"><\/div>\n<\/div>\n<\/p><p style=\"text-align: justify;\">The most commonly available type of credit and debit card in the United States is a Magnetic Stripe or <code>MagStripe<\/code> card. As shown below,\u00a0the\u00a0black band\u00a0on the back of your card is the magnetic stripe. It stores information by modifying the magnetism of tiny iron-based magnetic particles. The stored data can be read by swiping past a magnetic reading head, which is what you do\u00a0when you swipe your credit card\u00a0in a point of sale terminal.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1027 aligncenter\" style=\"text-align: center;\" src=\"http:\/\/www.gmarwaha.com\/blog\/wp-content\/uploads\/2014\/09\/Credit_Card_Mag_Stripe.jpg\" alt=\"Credit_Card_Mag_Stripe\" width=\"351\" height=\"319\" srcset=\"https:\/\/www.gmarwaha.com\/blog\/wp-content\/uploads\/2014\/09\/Credit_Card_Mag_Stripe.jpg 351w, https:\/\/www.gmarwaha.com\/blog\/wp-content\/uploads\/2014\/09\/Credit_Card_Mag_Stripe-300x272.jpg 300w\" sizes=\"auto, (max-width: 351px) 100vw, 351px\" \/><\/p>\n<p style=\"text-align: justify;\">The MagStripe holds your account information\u00a0encoded in the form of Tracks &#8211;\u00a0<code>Track 1<\/code> and <code>Track 2<\/code>. They both hold similar information. Given below are some details.<\/p>\n<h4 style=\"text-align: justify;\">\u00a0Track 1 Data:<\/h4>\n<div class=\"row-fluid\" style=\"min-height:0;\">\n<div class=\"span12\" style=\"min-height:0; border-bottom:1px dotted rgba(0,0,0,0.1); margin-top:10px; margin-bottom:10px; \"><\/div>\n<\/div>\n<ul>\n<li style=\"text-align: justify;\">Primary Account Number (PAN) &#8211; This is your credit card number<\/li>\n<li style=\"text-align: justify;\">Name<\/li>\n<li style=\"text-align: justify;\">Expiration Date<\/li>\n<li style=\"text-align: justify;\">Service Code<\/li>\n<li style=\"text-align: justify;\">Discretionary data &#8211; Contains CVV code among other data<\/li>\n<\/ul>\n<h4>\u00a0Track 2 Data:<\/h4>\n<div class=\"row-fluid\" style=\"min-height:0;\">\n<div class=\"span12\" style=\"min-height:0; border-bottom:1px dotted rgba(0,0,0,0.1); margin-top:10px; margin-bottom:10px; \"><\/div>\n<\/div>\n<ul>\n<li>Primary Account Number &#8211; This is your credit card number<\/li>\n<li>Expiration Date<\/li>\n<li>Service Code<\/li>\n<li>Discretionary data &#8211; Contains CVV code among other data<\/li>\n<\/ul>\n<p style=\"text-align: justify; margin-top: 30px;\">Other than the fact that Track 1 stores your name while Track 2 doesn&#8217;t, there\u00a0are a few other technical details associated with each which is not important for our discussion. Point of sale card\u00a0readers read either Track 1 or Track 2 or both depeding on how they are programmed. Rest assured, information in\u00a0either one of the tracks is enough to complete a purchase transaction.<\/p>\n<h4 style=\"text-align: justify; margin-top: 30px;\">Mobile Payments Blog Series<\/h4>\n<p style=\"text-align: justify;\">\n<div class=\"row-fluid\" style=\"min-height:0;\">\n<div class=\"span12\" style=\"min-height:0; border-bottom:1px dotted rgba(0,0,0,0.1); margin-top:10px; margin-bottom:10px; \"><\/div>\n<\/div>\n<\/p><p style=\"text-align: justify;\">Welcome to the <a href=\"http:\/\/www.gmarwaha.com\/blog\/2014\/01\/24\/mobile-payments-faq-and-not-so-faq\/\">Mobile payments FAQ and\u00a0not so FAQ<\/a>\u00a0series\u00a0and you are on FAQ\u00a0#5.\u00a0The idea behind this series is to\u00a0share and learn as much as possible about the field of mobile payments.\u00a0If you like, you can read all of the FAQs on the <a href=\"http:\/\/www.gmarwaha.com\/blog\/category\/mobile-payments\/\">Mobile Payments<\/a>\u00a0category or by visiting the <a href=\"http:\/\/www.gmarwaha.com\/blog\/mobile-payments-faq\/\">Table of contents<\/a> page.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is a Magnetic Stripe Card? The most commonly available type of credit and debit card in the United States is a Magnetic Stripe or MagStripe card. As shown below,\u00a0the\u00a0black band\u00a0on the back of your card is the magnetic stripe. It stores information by modifying the magnetism of tiny iron-based magnetic particles. The stored data can be read by swiping past a magnetic reading head, which is what you do\u00a0when you swipe your credit card\u00a0in a point of sale terminal. The MagStripe holds your account information\u00a0encoded in the form of Tracks &#8211;\u00a0Track 1 and Track 2. They both hold similar... <br \/><a class=\"moretag\" href=\"https:\/\/www.gmarwaha.com\/blog\/2014\/04\/10\/mobile-payments-what-is-a-magnetic-stripe-card\/\">Continue reading...<\/a>","protected":false},"author":1,"featured_media":1013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"footnotes":""},"categories":[48,51,47],"tags":[],"class_list":["post-1025","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-mobile-payments","category-payment-card","category-payments","post_format-post-format-image"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.gmarwaha.com\/blog\/wp-json\/wp\/v2\/posts\/1025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gmarwaha.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gmarwaha.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gmarwaha.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gmarwaha.com\/blog\/wp-json\/wp\/v2\/comments?post=1025"}],"version-history":[{"count":19,"href":"https:\/\/www.gmarwaha.com\/blog\/wp-json\/wp\/v2\/posts\/1025\/revisions"}],"predecessor-version":[{"id":1149,"href":"https:\/\/www.gmarwaha.com\/blog\/wp-json\/wp\/v2\/posts\/1025\/revisions\/1149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gmarwaha.com\/blog\/wp-json\/wp\/v2\/media\/1013"}],"wp:attachment":[{"href":"https:\/\/www.gmarwaha.com\/blog\/wp-json\/wp\/v2\/media?parent=1025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gmarwaha.com\/blog\/wp-json\/wp\/v2\/categories?post=1025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gmarwaha.com\/blog\/wp-json\/wp\/v2\/tags?post=1025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}