chip-and-pin

Cheat Sheet: Chip and PIN

Cheat Sheet In 2006 the UK migrated retail and banking transactions to chip and PIN from the standard magnetic strip technology. Chip and PIN cards look the same as standard magnetic-strip cards, but inside the chip and PIN cards have a computer chip.

Tags: credit cards, debit cards, chip-and-pin

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[13 Jun 2007]

Cheat Sheet: Contactless payments

Cheat Sheet Rather than hand over cash, sign your name or even do the chip and PIN thing when you buy something, the wondrous gift of technology has made it possible to make a purchase by tapping a teller's till with your wallet or mobile phone.

Tags: contactless payments, contactless payment

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[11 Oct 2005]