What reader reads the magnetic stripe on back of credit cards entertainment bank and other similar cards?

A magnetic stripe reader is a device that reads data from a magnetic stripe. Magnetic stripes are found on the back of credit cards, debit cards, and other similar cards. The data on a magnetic stripe is typically encoded in a format called ISO-7811.

Magnetic stripe readers work by moving a magnetic head over the magnetic stripe. The magnetic head generates a magnetic field that interacts with the magnetic material on the stripe. This interaction causes the magnetic material to produce a series of electrical signals. These signals are amplified and then decoded to extract the data that is stored on the magnetic stripe.

Magnetic stripe readers are a common part of point-of-sale (POS) systems. They are also used in ATMs, vending machines, and other similar devices.