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Chip (EMV) Insert:

Cards with embedded chips are inserted into the terminal. The chip encrypts the transaction data, making it more secure than magnetic stripes.

Contactless Tap (NFC):

Many cards have contactless technology. You can simply tap the card on a compatible terminal to pay quickly and securely.

Mobile Wallets / Digital Cards:

Payments can be made using smartphones, smartwatches, or other wearable devices via Apple Pay, Google Pay, Samsung Pay, etc., using NFC technology.

Manual Entry:

If the card cannot be swiped or tapped, the card details (number, expiry date, CVV) can be manually entered into the payment system.

These methods give businesses flexibility to accept payments in secure, fast, and convenient ways for their customers.

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Sneha

Lvl 4
1mo ago

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The swiping cards method is a way of making payments using a credit or debit card. When you swipe a card, the information on the card's magnetic stripe is read by a card reader, which then communicates with the bank to verify the transaction and deduct the amount from your account.


What was the process for using credit cards in the 80s and how did it differ from today's methods?

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Can you withdraw cash without swiping your card?

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