skimming
n. The act of stealing credit card data by swiping the card through a machine that reads information on the magnetic strip.

Example Citation:
"A former waiter at a Manhattan restaurant charged last week with swiping credit card information is the latest perpetrator of 'skimming,' the fastest-growing area of credit card fraud, the Secret Service says."
—Tom Lowry, "Thieves swipe credit with card readers; Waiters, clerks, organized crime take up 'skimming'," USA Today, June 28, 1999

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