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This section provides an overview for magnetic stripe readers as well as their applications and principles. Also, please take a look at the list of 5 magnetic stripe reader manufacturers and their company rankings. Here are the top-ranked magnetic stripe reader companies as of December, 2024: 1.JADAK, 2.Elo Touch Solutions, Inc, 3.rf IDEAS Inc..
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A magnetic stripe reader is a specialized device designed to decode information encoded on the magnetic stripe found on various types of cards, including credit cards and bank cards. This stripe, a thin band on the card's reverse, houses magnetic particles arranged to store crucial identification and account details of the cardholder.
The device employs a magnetic head, or reading head, to interpret the data encoded in the stripe's magnetic patterns. When a card is swiped through or inserted into the reader, this head captures the magnetic patterns and translates them into digital data that can be processed further. Magnetic stripe readers play a vital role in facilitating credit card transactions and verifying identities, serving as a cornerstone in the infrastructure of modern financial and security systems.
*Including some distributors, etc.
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ADI is a global wholesale distributor of security, AV and low-voltage products that is headquartered in Melville, New York, and was established in 1994. The company operates in 17 countries and specializes in distributing security, audiovisual, and low-voltage products for various applications. Its product range includes security cameras, access control systems, and networking equipment. The company provide solutions such as cabling, cloud VMS, custom cable assemblies, and cybersecurity, serving industries such as security, conferences and convention centers, construction, education, telecommunications, and automation. ADI offers services such as integration services, project registration, remote monitoring, software renewal, systems design and, training and events.
Elo Touch Solutions, Inc was founded in 1971 and is a manufacturer of various touchscreen displays, monitors, computers, and components based in Milpitas, California, United States. The company's product portofolio includes mobile computers, POS terminals, touchscreen computers, touchscreen signage, and medical-grade touchscreens. The company also offers various solutions for wide range of scenarios such as retail, healthcare, gaming, corporate, and grocery. The company also provides supporting services for their products such as advance unit replacement, accidental damage protection, and warranty extension.
Ranking as of December 2024
Derivation Method| Rank | Company | Click Share |
|---|---|---|
| 1 | JADAK |
30.0%
|
| 2 | Elo Touch Solutions, Inc |
30.0%
|
| 3 | rf IDEAS Inc. |
20.0%
|
| 4 | Metropolitan Sales Distributors, Inc. |
10.0%
|
| 5 | ADI |
10.0%
|
Derivation Method
The ranking is calculated based on the click share within the magnetic stripe reader page as of December 2024. Click share is defined as the total number of clicks for all companies during the period divided by the number of clicks for each company.Number of Employees
Newly Established Company
Company with a History
*Including some distributors, etc.
*Including some distributors, etc.
| Country | Number of Companies | Share (%) |
|---|---|---|
|
United States of America
|
2 | 100.0% |
