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  2. How to make payments with your phone - AOL

    www.aol.com/finance/payments-phone-164336000.html

    Phone payment apps use the same security technology as contactless credit cards (the kind you tap instead of swipe), and pay-with-phone transactions use dynamic data and tokenization to mask your ...

  3. Contactless smart card - Wikipedia

    en.wikipedia.org/wiki/Contactless_smart_card

    Contactless smart card. A contactless smart card is a contactless credential whose dimensions are credit card size. Its embedded integrated circuits can store (and sometimes process) data and communicate with a terminal via NFC. Commonplace uses include transit tickets, bank cards and passports. There are two broad categories of contactless ...

  4. Payment terminal - Wikipedia

    en.wikipedia.org/wiki/Payment_terminal

    PAX Technology S90 credit card terminal with a Visa card inserted.. A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly"), is a device which interfaces with payment cards to make electronic funds transfers.

  5. Card reader - Wikipedia

    en.wikipedia.org/wiki/Card_reader

    A card reader is a data input device that reads data from a card-shaped storage medium and provides the data to a computer. Card readers can acquire data from a card via a number of methods, including: optical scanning of printed text or barcodes or holes on punched cards, electrical signals from connections made or interrupted by a card's punched holes or embedded circuitry, or electronic ...

  6. Square (financial services) - Wikipedia

    en.wikipedia.org/wiki/Square_(financial_services)

    Square is a financial services platform by Block, Inc. for small and medium-sized businesses. [1] [2] It enables accepting credit card payments using smartphones as POS registers, and facilitates various business operations. As of 2023, Square reports 4 million merchant clients and an annual payment value of US$ 210 billion.

  7. Credit card debt jumps by largest amount in two decades, Fed ...

    www.aol.com/finance/credit-card-debt-jumps...

    Credit card balances increased $38 billion in the third quarter to $925 billion. ... Little Saigon, Sticky Rice Lao Street Food, employee processing Square credit card reader, remote payment.

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