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A DIP reader (Document Insertion Processor) is an electronic device for reading an electronically encoded card that is inserted and then removed from the device. [1] A typical dip reader is used for reading credit cards where the data are either encoded on a magnetic stripe or an internal computer chip. The magnetic stripe on a card is ...
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 ...
Magnetic stripe credit cards carry a high risk of fraud through skimmers that criminals add to card readers at ATMs, retail stores and gas stations. These devices “skim” and record your card ...
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.
If an EMV reader is compromised to the extent that the conversation between the card and the terminal is intercepted, then the attacker may be able to recover both the track-two data and the PIN, allowing construction of a magnetic stripe card, which, while not usable in a Chip and PIN terminal, can be used, for example, in terminal devices ...
Just like the SR-52, it has a magnetic card reader for external storage. One quarter of the memory is stored on each side of one card. The TI-58 (May 1977), and later TI-58C (1979), are cut-down versions of the TI-59, lacking the magnetic card reader and having half the memory, but otherwise identical. Although the TI-58C uses a different chip ...