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The Wasp Magnetic Stripe Reader offers durability, ease of use, and long product life for your POS credit card reading needs, utilizing dual track reading. Red and green indicators allow the user to easily identify good reads. The Wasp Magstripe will read both types of magnetic encoding schemes: low-coercivity and high-coercivity. The Wasp Magnetic Stripe Reader simply connects between your PC and keyboard. No software is needed.