Memory POS - Credit CardVersion en ligne Words related to Credit Card par Hamidah Musa To read customer's card information from the magnetic stripe at the back of the card for payment. Magnetic Card Reader Used to read customer's card information by tapping the card over it during payment. Similar with NETS card, the payment amount will be deducted straight from the customer’s bank account. Thermal Printer Telephone Cable PIN Pad Provide connectivity for the terminal. To print out transaction receipts and reports. Contactless Card Reader Debit Card For Customer to enter their PIN so as to allow and approve the deduction for payment from their account. Credit Card Provide power supply to the card terminals. Power Cables International settlement & clearing houses that help transfer of funds from one entity to the other.
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