0
What else can I help you with?
Inventor or credit card magnetic strip?
Forest Parry (IBM Corp): http://en.wikipedia.org/wiki/Forrest_Parry
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.
Do you need a credit card to get free apps for the Kindle fire?
Free apps come free of charge (thus don't require a credit card), but the vendor might require user registration, which could require a registration of a valid credit card as part of a fraud and abuse prevention scheme.
Why chip more secure than magnetic strip on credit cards?
The chip contains a tiny microprocessor programmed with a unique encryption key different from all other chips. This key cannot be copied as it cannot be read out of the chip, it is only used within the chip, During the process of authorizing the transaction this microprocessor is interrogated and generates a transaction code using that key that uniquely identifies both the transaction and the card used. When the sales terminal sends that transaction code to the bank, the bank's computer can verify that the correct card was actually used. This cannot be verified using the magnetic stripe as it can potentially be copied to any card.
What is a database required field?
It is a field in a database that cannot be left empty when data is being entered. This is because it stores critical information. For example, if you are buying something online, then you need to have a credit card number, so that you can make your purchase. So when storing your details, it is essential that a credit card number is entered. Without it, a transaction cannot happen. So it would be a required field for that database. Some other fields can be left empty if you want, as they are not required fields.
What is used to read the information from the magnetic strip in a credit card?
A card reader, also known as a magnetic stripe reader, is used to read the information stored on the magnetic strip of a credit card. The reader uses a magnetic head to detect and decode the data on the strip, such as the card number and expiration date.
How does your credit card get erased?
A credit card is a piece of plastic with a strip of magnetic information on it. When this strip is exposed to a strong magnetic field, like in an MRI, PET scan, or CAT scan it can get erased because the magnetic field removes the magnetic information.
What is used to read the information from the magnetic stripes on the back of a credit card?
A magnetic stripe reader is used to read the information on the magnetic stripe of a credit card. This device scans the data encoded on the stripe and then transmits it to a computer for processing.
Why do credit cards have a magnetic stripe?
A magnetic stripe card is a type of card capable of storing Databy modifying the Magnetismof tiny iron-based magnetic particles on a band of magnetic material on the card.
Magnet damage a credit card?
Yes, The black strip on the back of a credit card (or any other plastic card with a dark strip) stores information on it in magnetic form. Thus if you place a credit card near a strong magnet it will change/damage this magnetic information making the strip unreadable.
How electromagnets are useful when data is transferred onto a credit card?
Electromagnets are used to encode information onto a credit card's magnetic stripe. Data is written onto the magnetic stripe by changing the magnetization of tiny magnetic particles embedded in the stripe using an electromagnet. This process allows the credit card to store and transfer information when swiped through a card reader.
Why do credit cards have magnetic strips on them?
The magnetic strips on credit cards store important account information, such as card number and expiration date. When a card is swiped at a store, the information is read by a card reader to authenticate the transaction. This allows for quick and efficient processing of payments.
How do magnets work in credit cards?
they by the power of the force between them.2. The black strip on the back of the card has tiny bits of iron in them. It works like a cassette player tape, but instead of motors running the strip, your hand does it as you swipe the card.
Why might a credit card not work after being heated?
information is encoded in a magnetic strip
What information does the magnetic stripe on a credit card hold?
i think the password of you account. like if you have a credit card(ADCB,ADIB,NBID) any card. the credit card company also have a website which allows you to see your money in the credit card maybe not sure.
What data is on a credit card magnetic strip?
Why do credit cards have a magnetic stripe on the back
How do magnetic strips on credit cards work to store and transmit payment information securely?
Magnetic strips on credit cards store payment information using magnetic fields. When swiped, the information is transmitted to a card reader, which then verifies the transaction securely through a payment network.
