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Magnetic stripe cards are commonly used in credit cards, identity cards, and transportation tickets.

The engineering design/build effort was carried out in a raised floor secured area of IBM IRD in Dayton, N. The IRD engineers first had to develop a reliable process of hot stamping the magnetic stripe to the plastic cards.

The UPC code was selected in 1973 by NRMA as their standard and has become the World Wide Standard that we all know today as the UPC Uniform Product Code.

In 1971, after the IBM IRD engineers completed the development and building phase of the project they began in 1969, they released the equipment to the IRD manufacturing group in Dayton N. to begin producing the plastic magnetic striped credit and ID cards.

Magnetic recording on steel tape and wire was invented in Denmark around 1900 for recording audio.

In the 1950s, magnetic recording of digital computer data on plastic tape coated with iron oxide was invented.

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