Pay Mag -

It can refer to "Magnetic Stripe" (mag-stripe) payments on credit card terminals.

While it acts like fixed rent, it is technically a "guaranteed" portion of what would otherwise be a variable, sales-based rent structure. Why "Paying MAG" is Controversial pay mag

MAG amounts are often set based on projected passenger traffic. If passenger volumes drop unexpectedly, the MAG remains fixed, which can lead to severe financial distress for operators. It can refer to "Magnetic Stripe" (mag-stripe) payments

Most airport contracts require the tenant to pay either a percentage of their gross sales or the MAG—whichever is higher. the MAG remains fixed