Magnetic Stripe Reader
A point-of-sale device that reads encoded information from a card’s magnetic stripe when the card is passed through the reader.
Welcome to our Chargebacks Glossary! This page is your go-to resource for understanding the terminology used in the chargebacks industry. Whether you're a merchant, financial institution, or consumer, our glossary provides clear definitions of key terms, from "Acquirer" to "Zero Liability Policy."
A point-of-sale device that reads encoded information from a card’s magnetic stripe when the card is passed through the reader.
