Customers can access balance and other card information through a 1-800 line or at store point-of-sale terminals
But new technology, such as point-of-sale terminals
using photo-imaging technology, can virtually eliminate the unauthorized use of credit cards and checks.
He was encouraged, he explained, by the news that one of the major manufacturers of point-of-sale terminals
recently announced that it would routinely include contactless technology in its newest terminals.
Neovia prompts receivers to open their own NETELLER account and withdraw the funds via bank transfer, cheque, bank wire or through the Net + card which can be used at ATMs and point-of-sale terminals
Barclays Bank and NSE traders have formed a partnership that authorises the traders to take share purchase payments on credit and debit cards with point-of-sale terminals
. Card holders can now buy shares using their cards with both stockbrokers and investment banks.
The installed base of point-of-sale terminals
now exceeds 115,000, and that figure is expected to double within the next five to ten years.
Dallas Semiconductor's DS3600 secure battery-backup controller for data protection in point-of-sale terminals
provides active tamper detection and rapid-erasure key memory; supports FIPS-140 security levels 3 and 4; and it meets the highest requirements of Common Criteria.
The Kyocera 200 Module is designed to enable M2M and telemetry applications such as vehicle location, SCADA, asset tracking, remote metering or security, wireless vending, exception reporting and wireless point-of-sale terminals
. The module is equipped with trimode capability (including AMPS), A-GPS position location capability and support for IS-2000 data rates.
Recipients get a reloadable stored-value card in the mail, called an i-Kard, that can be used at ATM and point-of-sale terminals
in 170 countries.
The new contracts covered the supply of Metro Broadband Backbone Network router systems to a major Malaysian telecommunications operator and the supply of point-of-sale terminals
and leaseline equipment to a commercial bank in Malaysia.
Applications are found in notebook and handheld computers, flat panel home entertainment displays, point-of-sale terminals
, portable instruments, and automotive and medical monitors.
CyberCash founder and CEO Bill Melton explained that the long-term future of software-based payment systems seems to him to be far more promising than that of hardware, such as cash registers and point-of-sale terminals
. Tellan's products fit nicely into this vision, including as they do MacAuthorize, PCAuthorize and WebAuthorize.