Payment cards are part of a payment system issued by financial institutions, such as a bank, to a customer that enables its owner to access the funds in the customer's designated bank accounts, or through a credit account and make payments by electronic transfer with a payment terminal and access automated teller machines (ATMs). Such cards are known by a variety of names, including bank cards, ATM cards, client cards, key cards or cash cards.
Example of two credit cards
Purchasing by debit card
Israeli manual card imprinter
A proximity card
A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal, is a device which interfaces with payment cards to make electronic funds transfers. The terminal typically consists of a secure keypad for entering PIN, a screen, a means of capturing information from payments cards and a network connection to access the payment network for authorization.
PAX Technology S90 credit card terminal with a Visa card inserted.
A typical fixed install card terminal from 2006
A typical counter-top payment terminal from 2007
An older generation Ingenico credit card terminal and separate keypad from 2006