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