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it helps you make a transaction at any shop o buy an item

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12y ago

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What is a credit card machine called?

A credit card machine may be called a credit card terminal. I have heard of people calling them other names, but this is the main one.Sources: Common Knowledge.


What are the main uses for a credit card imprinter?

A credit card imprinter is capable of taking a carbon copy image of a credit card. Its main use is in situations where the magnetic strip is not recognized.


What is a payment gateway related to credit card processing?

To put it simply, a payment gateway is the internet's version of a credit card terminal (the machine you swipe your card through in store). A payment gateway is much more than just a credit card machine. It offers the ability to securely process payments in a various amount of ways. It also offers merchants the ability to store credit card information in a PCI compliant environment. The payment gateway assists a credit card transaction by passing through the cardholder data in an encrypted format to the processor platform. A payment gateway can be customized and setup through any retail, restaurant or website shopping cart software. There are a variety of ways a payment gateway is used to process credit card payments but the main function of the gateway is to secure, transmit and transfer the data to a platform for settlement.


What does creditor do when you apply for a credit card?

They check you credit rating with the 3 main credit bureaus.


What is the main disadvantage of using a credit card?

The main disadvantage of using a credit card is the potential to accumulate debt if the cardholder does not manage their spending and payments responsibly.


What age should one have to get an Icici credit card?

Someone can get an Icici credit card starting at age 18. Age should not be the main consideration when getting a credit card. Credit history and responsibility are important.


Credit card co signer?

i had a credit card in my name i was just a signer on it but i did use it can i get into trouble with the law for this i was given permission by the main card holder that i could use the card


What are some popular manufacturers of credit card readers?

The main manufacturers of credit card readers are Bar codes inc. and MagTek.


What does it mean when a credit card is encrypted?

an encrypted credit card is like a super secure credit card. encryption controls where the credit card number can be released, and so on. it just hides the number from the main database until the public key is found.


What are the main advantages offered by the BMI credit card?

Some of the main advantages that are offered by the BMI credit card are air miles or frequent flyer miles that can stack up with use. A rather extravagant plus to this service is the fact that with the BMI credit card, these air miles stack up faster than with the average credit card.


Why would someone need a creditcard imprinter?

One of main causes of credit card fraud is the credit card imprinter. Many criminals use the credit card imprinter to mass-produce credit cards for their own purposes.


What are the benefits of a Wireless Credit Card?

The main benefit of wireless credit card is that it allows customers of mobile credit card processing and wireless point of sale system. This is also a faster method for customers