User:Seanlanefuller/dip reader

Definition
A DIP (Document Insertion Processor) reader is an electronic device for reading an electronically encoded card that is inserted and then removed from the device while still being held on one end by the card owner.

Typical Use
A typical dip reader is used for reading credit cards where the data is either encoded on a magnetic stripe or on an internal computer chip with electronic contracts on the exterior of the card. The insertion and removal of the card is completely manual. The magnetic stripe on a card is typically read as the card is extracted. If the card is a smart card, then the data transfer typically takes place when the card is fully inserted. In this case, the card is held while data transfer is taking place.