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  2. Payment terminal - Wikipedia

    en.wikipedia.org/wiki/Payment_terminal

    A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [1] ), is a device which interfaces with payment cards to make electronic funds transfers. The terminal typically consists of a secure keypad ...

  3. Contactless payment - Wikipedia

    en.wikipedia.org/wiki/Contactless_payment

    Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for making secure payments. The embedded integrated circuit chip and antenna enable consumers to wave their card ...

  4. Debit card - Wikipedia

    en.wikipedia.org/wiki/Debit_card

    A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back. Many new cards now have a chip on them, which allows people to use their card ...

  5. Credit card imprinter - Wikipedia

    en.wikipedia.org/wiki/Credit_card_imprinter

    Credit card imprinter. A credit card imprinter, colloquially known as a ZipZap machine, click-clack machine or Knuckle Buster, is a manual device that was used by merchants to record credit card transactions before the advent of payment terminals. [1]

  6. Experts: When To Use a Credit Card vs. Debit Card - AOL

    www.aol.com/finance/experts-credit-card-vs-debit...

    A debit card allows you to make purchases using your money in a linked bank account.”. Responsible credit card use can earn you points, miles, cash back and other valuable rewards. They also ...

  7. EFTPOS - Wikipedia

    en.wikipedia.org/wiki/EFTPOS

    EFTPOS. Electronic Funds Transfer at Point Of Sale, abbreviated as EFTPOS; ( / ˈɛf ( t) pɒs /) is the technical term referring to a type of payment transaction where electronic funds transfers ( EFT) are processed at a point of sale ( POS) system or payment terminal usually via payment methods such as payment cards ( debit cards, credit ...

  8. Do magnets affect credit cards? - AOL

    www.aol.com/finance/magnets-affect-credit-cards...

    Prolonged exposure to magnets can affect the functionality of your credit card. Cards with magnetic strips can also become demagnetized due to dirt, scratches and other damage. EMV chip technology ...

  9. Payment card - Wikipedia

    en.wikipedia.org/wiki/Payment_card

    Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner (the cardholder) to access the funds in the customer's designated bank accounts, or through a credit account and make payments by electronic transfer with a payment terminal and access automated teller machines (ATMs ...

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