Banking Card Readers
| This section requires expansion. |
Some banks have issued hand-held smartcard readers to their customers to support different electronic payment applications:
- Chip Authentication Program (CAP) uses EMV banking cards to authenticate online transactions as a phishing countermeasure.
- Geldkarte is a German electronic purse scheme where card readers are used to allow the card holder to verify the amount of money stored on the card and the details of the last few transactions.
Read more about this topic: Card Reader
Famous quotes containing the words banking, card and/or readers:
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)
“Mothers are not the nameless, faceless stereotypes who appear once a year on a greeting card with their virtues set to prose, but women who have been dealt a hand for life and play each card one at a time the best way they know how. No mother is all good or all bad, all laughing or all serious, all loving or all angry. Ambivalence rushes through their veins.”
—Erma Bombeck (20th century)
“Theoretically, we know that the world turns, but in fact we do not notice it, the earth on which we walk does not seem to move and we live on in peace. This is how it is concerning Time in our lives. And to render its passing perceptible, novelists must... have their readers cross ten, twenty, thirty years in two minutes.”
—Marcel Proust (1871–1922)