payment card in cheat sheets
Cheat Sheet: Chip and PIN
Cheat Sheet Since Chip and PIN was launched Apacs, the UK payment industry body, says it has had a significant impact in reducing fraud. It should be noted that the switchover cost more than £1bn, according to the card companies, so it does seem they're... [13 Jun 2007]
Cheat Sheet: NFC and contactless payments
Cheat Sheet Most often that sort of data transfer takes the form of payment - by swiping the phone over a reader, payment can be deducted for a purchase. Alternatively, NFC cards or phones can be stocked up in advance with credit and then used as payment. [20 Apr 2006]
Cheat Sheet: Contactless payments
Cheat Sheet The computer inside the till will take your tap as confirmation of payment and subtract the right amount from your account. London Underground's Oyster Card uses Philips' Mifare technology and there are still other variations out there. [11 Oct 2005]
Cheat Sheet: ID cards
Cheat Sheet The idea is that on a day-to-day level if you visited your doctor or went to claim some state benefit payment you would present your ID card, which will have an embedded chip that holds all of your biometric data on it. [22 Nov 2004]
Cheat Sheet: Phishing
Cheat Sheet Typically these scams involve a spoofed email - often claiming to be from a bank or a payment services company such as PayPal. Over the years there have been instances of people submitting details to spoofed banks they don't even bank with - simply... [25 Jun 2004]
Cheat Sheet: Micropayments
Cheat Sheet Microsoft's Passport wallet stores credit card data but can also handle other payment systems such as digital cash and electronic cheques. So using either a pre-pay card, a special ISP or billing to your mobile phone you can pick up low-priced... [21 Mar 2002]
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