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