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credit cards faq/glossary
The most common questions asked about Credits Cards.
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Credit Card Glossary
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C
 
Card reader
definition
What does Card reader mean?

The card reader is a data capture device which reads the information on a credit or debit card, that has a magnetic stripe, it comes in contact with. It is also called a card swipe machine or simply a swipe machine. In order to read the stored information on any card it has to be passed or swiped through a slot on the reader.

Card readers are getting more and more common today in locales like stores or any establishment with a point of sale.
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