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A PIN pad or PIN entry device is an electronic device used in a debit, credit or smart card-based transaction to accept and encrypt the cardholder's personal identification number (PIN). PIN pads are normally used with payment terminals , automated teller machines or integrated point of sale devices in which an electronic cash register is ...
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.
Electronic cash PIN-Pad. Currently there are two valid acceptance marks for electronic cash: the electronic cash PIN-Pad and girocard pictograms.The Technical attachment to the eligibility requirements for participation in the electronic cash system of the German credit services sector (retailing requirements) [4] includes the retailer's obligation to accept both of these acceptance marks at ...
Chaum published the idea of anonymous electronic money in a 1983 paper; [1] eCash software on the user's local computer stored money in a digital format, cryptographically signed by a bank. The user could spend the digital money at any shop accepting eCash, without having to open an account with the vendor first, or transmitting credit card ...
An ATM encrypting PIN pad (EPP) with German markings. An encrypting PIN pad is an apparatus for encrypting an identifier such as a PIN entered on a keypad. These are used in automated teller machines to ensure that the unencrypted PIN is not stored or transmitted anywhere in the rest of the system and thus cannot be revealed accidentally or through manipulations of the system.
(The Center Square) – A former Illinois state legislator says their fears about the end of cash bail are now coming true as Cook County Sheriff Tom Dart pushes to end the department’s ...
Mondex is an open-loop implementation of the electronic cash scheme - instead of transactions occurring only in one way, money can be transferred between any Mondex user. A transfer of funds using the Mondex card (dubbed an 'electronic purse') operated through a Mondex-enabled device, and in principle occurred between 2 cards - whether it was 2 ...
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