Presentation is loading. Please wait.

Presentation is loading. Please wait.

An average pin. The chip.. Main function The chip and pin system is a safe way to make payment with a credit/debit card in the UK and Ireland.

Published byOswald Potter Modified over 9 years ago

Similar presentations

Presentation on theme: "An average pin. The chip.. Main function The chip and pin system is a safe way to make payment with a credit/debit card in the UK and Ireland."— Presentation transcript:

1 An average pin. The chip.

2 Main function The chip and pin system is a safe way to make payment with a credit/debit card in the UK and Ireland.

3 Input – process - output The input is choosing how much to put in or out. The chip processes this with the machine. And give you the output of how much you wanted to put in or out.

4 history Credit cards used magnetic stripes to read accounted data and a signature to verify. This magnetic stripe could be recreated easily for criminal use. Before that was cash.

Download ppt "An average pin. The chip.. Main function The chip and pin system is a safe way to make payment with a credit/debit card in the UK and Ireland."

Similar presentations

ORDER VERIFICATION ORDER ENTRY DAILY PROCESS ORDER VERFICATION - Order Sort Browse - Enter Order # - F-8 OK.

ORDER VERIFICATION ORDER ENTRY DAILY PROCESS ORDER VERFICATION - Order Sort Browse - Enter Order # - F-8 OK.
GCSE ICT By the end of this session, you will be able to: Explain main features of ATM machines Identify features of credit cards, debit cards, smart cards.

GCSE ICT By the end of this session, you will be able to: Explain main features of ATM machines Identify features of credit cards, debit cards, smart cards.
1 AQA ICT AS Level © Nelson Thornes 2008 1 Safety and security Chip and Pin.

1 AQA ICT AS Level © Nelson Thornes Safety and security Chip and Pin.
By : Andrea Hairston Penn State Fayette IST 110. Credit cards purchases goods without the immediate use of cash. Receives a bill every month. If not paid,

By : Andrea Hairston Penn State Fayette IST 110. Credit cards purchases goods without the immediate use of cash. Receives a bill every month. If not paid,
Chapter 6 E-commerce Payment Systems. Traditional Payment Systems Cash Checking Transfers Credit Card Accounts Stored Value Accounts Accumulating Balance.

Chapter 6 E-commerce Payment Systems. Traditional Payment Systems Cash Checking Transfers Credit Card Accounts Stored Value Accounts Accumulating Balance.
ICT at Work Banking and Finance.

ICT at Work Banking and Finance.
EMV chip and pin the business case. What is EMV? New Standard in “Chip Card” Technologies Replacing Magnetic Strip Cards New Standard in “Chip Card” Technologies.

EMV chip and pin the business case. What is EMV? New Standard in “Chip Card” Technologies Replacing Magnetic Strip Cards New Standard in “Chip Card” Technologies.
JAIPUR 16 DEC 08 TECHNOLOGY FOR FINANCIAL INCLUSION Indian Institute of Banking & Finance N D RAO.

JAIPUR 16 DEC 08 TECHNOLOGY FOR FINANCIAL INCLUSION Indian Institute of Banking & Finance N D RAO.
Commercial Data Processing Lesson 2: The Data Processing Cycle.

Commercial Data Processing Lesson 2: The Data Processing Cycle.
A guide to protecting your money and your identity KEEPING MONEY SAFE Keeping money safe Money Works: Level 1 Topic 3.

A guide to protecting your money and your identity KEEPING MONEY SAFE Keeping money safe Money Works: Level 1 Topic 3.
GCSE ICT Computers and the Law. Computer crime The growth of use of computerised payment systems – particularly the use of credit cards and debit cards.

GCSE ICT Computers and the Law. Computer crime The growth of use of computerised payment systems – particularly the use of credit cards and debit cards.
Debit Card Plastic card that looks like a credit card

Debit Card Plastic card that looks like a credit card
Requirements for Opening a Checking Account

Requirements for Opening a Checking Account
3.4 Electronic Monetary Processing. Overview Demonstrate and apply knowledge and understanding of: − EFT and identify the advantages and disadvantages.

3.4 Electronic Monetary Processing. Overview Demonstrate and apply knowledge and understanding of: − EFT and identify the advantages and disadvantages.
RISK IDENTIFICATION IN PAYMENT METHOD. OVERVIEW OF FINANCING METHODS: Risk Identification and Mitigation –Cash in Advance When It is Used Risk to Importer.

RISK IDENTIFICATION IN PAYMENT METHOD. OVERVIEW OF FINANCING METHODS: Risk Identification and Mitigation –Cash in Advance When It is Used Risk to Importer.
Checking Account Debit Card Safety Tips card-safety-10-tips.htm October.

Checking Account Debit Card Safety Tips card-safety-10-tips.htm October.
Electronic ATM Fraud. ATM Fraud is where you goto an ATM and you insert your card into a skimmer which is placed in the card slot and it will take all.

Electronic ATM Fraud. ATM Fraud is where you goto an ATM and you insert your card into a skimmer which is placed in the card slot and it will take all.
6 th Period - Shumate. A debit card is a card issued by a bank allowing the holder to transfer money electronically to another bank account when making.

6 th Period - Shumate. A debit card is a card issued by a bank allowing the holder to transfer money electronically to another bank account when making.
Credit Card vs. Debit Card. Debit Cards Also called “check cards” –Works just like writing a check Deducts money from your checking account.

Credit Card vs. Debit Card. Debit Cards Also called “check cards” –Works just like writing a check Deducts money from your checking account.
Method for verifying a credit card number: Example: 49927398716.

Method for verifying a credit card number: Example:

Similar presentations

Ads by Google