Magnetic stripe readers like the Posiflex MR-2000 Series are POS (point of sale) devices that are used for interpreting data found on a magnetic stripe of credit, debit and other payment cards. It is with the help of the magnetic stripe reader that the vendor can securely and easily input data that is saved on a customers magnetic stripe card.
Magnetic stripe readers are incorporated into many industries and applications, everything from ATM/Eftpos machines to Access Control and Customer Loyalty programs.
Types of magnetic stripes
There are basically two types of magnetic stripes. One is the high-coercivity version that is harder to erase while the low-coercivity version that requires minimal magnetic energy to record. Magnetic stripe readers can however read both types of magnetic stripes.
Magnetic stripes also have 3 Tracks that data can be stored on. Most readers now will read all 3 Tracks, however some less expensive models are setup to only read 1 or 2 tracks.
Different types of magnetic stripe readers
Magnetic Stripe readers come in different shapes, sizes and features to suit your requirements. Some are designed as small desktop readers for in retail environments and offices, whereas same are designed for mounting into kiosks and booths.
There is also Single Side and Dual Side models, the dual side models will read the card when facing either way if swiped, whereas single side the Mag Stripe on the card has to be on the correct side.
Care of the magnetic stripe reader
Whichever type of magnetic stripe reader you buy, you can clean it using specially made cards that can remove the dirt, oil and residue of reading equipment. Though you may be able to rent magnetic stripe readers from some vendors, it is quite affordable for even small businesses to buy one.
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