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