The term identifies instances of illegal devices attached to payment terminals at a specific retail location aimed at stealing credit and debit card information from unsuspecting customers. These devices, often difficult to detect, record data from the magnetic stripe or chip of a card during a seemingly normal transaction.
Such illicit activities present a significant risk to individuals, leading to potential financial fraud and identity theft. The presence of these devices erodes consumer confidence in the security of transactions at affected locations, potentially impacting local economic activity and requiring increased vigilance and preventative measures by both retailers and law enforcement.