There are 2 types of magnetic strip – LoCo (low-coercivity) and HiCo (high-coercivity). Coercivity is the term used to designate how strong a magnetic field must be to affect data encoded on the stripe, and therefore, how immune the data is to damage.
So, which one will you need? The LoCo magnetic strip is the most commonly used type outside of the banking World. LoCo strip are a lower cost and work well for loyalty, membership, gift and discount cards.
You may require a HiCo magnetic strip in some circumstances – please double check with your epos equipment provider before placing an order.