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The main advantage of Cotag cards and tags is their "active" technology. Active cards and tags provide truly hands-free access control - ideal where staff are often pushing carts or carrying things.
The main advantage of using proximity cards and tags is that they only need to be held near the reader in order to be read. This means less wear and tear on cards and more convenience for system users.
The main advantage of smart cards is that they are multi-purpose - for example, the same card can be used both for acess purposes and as a cash card at the company canteen.
The main advantage of magnetic stripe cards is that they are inexpensive. Magnetic stripe cards are most often used in older installations.