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What’s the Difference Between Hi-Co and Lo-Co Magstripe Cards?

What’s the Difference Between Hi-Co and Lo-Co Magstripe Cards?

If you’re wondering what on earth we’re talking about, take a look at your credit or debit card. That’s a magnetic stripe card (you might also know it as a magstripe or a swipe card), and if you turn it over, you’ll see the long black strip across the top of the card. That’s where your data is stored, and it’s how card readers can ‘see’ what that data is when you swipe your card through them.

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