Revise paste Credit Card Swiper

#!/bin/bash
#created by Kris Occhipinti
#http://filmsbykris.com
#reads and splits data from Credit Card Swiper
#March 10th 2014
:<<'info'
    This program is free software: you can redistribute it and/or modify
    it under the terms of the GNU General Public License as published by
    the Free Software Foundation, either version 3 of the License, or
    (at your option) any later version.

This program is distributed in the hope that it will be useful,
    but WITHOUT ANY WARRANTY; without even the implied warranty of
    MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
    GNU General Public License for more details.

You should have received a copy of the GNU General Public License
    along with this program.  If not, see <http://www.gnu.org/licenses/>.
info

clear
echo "Welcome"
while [ 1 ]
do
    echo "Please Swipe Your Card (Enter to Exit):"
    read data

if [ "$data" = "" ]
    then 
        echo "Exiting"
        exit 0
    fi

clear

num="$(echo "$data"|cut -d\B -f2|cut -d\^ -f1)"
    name="$(echo "$data"|cut -d\^ -f2)"
    lname="$(echo "$name"|cut -d\/ -f1)"
    fname="$(echo "$name"|cut -d\/ -f2)"
    exdate="$(echo "$data"|cut -d\^ -f3)"
    exdate="${exdate:0:2}/${exdate:2:2}"

echo "Card Number: $num"
    echo "Card Holder: $fname $lname"
    echo "Experation Date: $exdate"
    echo "----------------------------"
done