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
—Tom Lowry, "Thieves swipe credit with card readers; Waiters, clerks, organized crime take up 'skimming'," USA Today, June 28, 1999
Related Words:
419 scam
boiler room
curbsider
grandparent scam
identity theft
pump and dump
scam baiting
scam card
swipe in / swipe out
swiped out
boiler room
curbsider
grandparent scam
identity theft
pump and dump
scam baiting
scam card
swipe in / swipe out
swiped out
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