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PAX Technology S90 credit card terminal with a Visa card inserted.. 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.
An IBM 80-column punched card of the type most widely used in the 20th century IBM 1442 card reader/punch for 80 column cards. A computer punched card reader or just computer card reader is a computer input device used to read computer programs in either source or executable form and data from punched cards.
There are 80 contacts, one for each column on a standard IBM punched card. Input hopper for the IBM 1402's card punch Cables entering the back of the IBM 1402. The IBM 1402 was a high-speed card reader/punch introduced on October 5, 1959 as a peripheral input/output device for the IBM 1401 computer.
A card reader is a data input device that reads data from a card-shaped storage medium and provides the data to a computer. Card readers can acquire data from a card via a number of methods, including: optical scanning of printed text or barcodes or holes on punched cards, electrical signals from connections made or interrupted by a card's punched holes or embedded circuitry, or electronic ...
Additional encryption on the card, transaction counters, and other methods known in cryptography are then employed to make cloned cards useless, or at least to enable the back office to detect a fraudulent card, and put it on a blacklist. Systems that work with online readers only (i.e., readers with a permanent link to the back office) are ...
IBM 2540 card read/punch in an IBM System/370 Model 145 installation. The 2540 attaches to a System/360 multiplexer or selector channel through an IBM 2821 Control Unit. A standard 2540 processes standard IBM 80 column punched cards. The card reader (2540R) and card punch (2540P) devices are separately addressable and function independently.
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