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