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