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Examples of cards adhering to these standards include ATM cards, bank cards (credit and debit cards including Visa and MasterCard), gift cards, loyalty cards, driver's licenses, telephone cards, membership cards, electronic benefit transfer cards (e.g. food stamps), and nearly any application in which monetary value or secure information is not ...
The data processing facilities were originally provided by First City Bank and later transitioned to Texas Commerce Bank. In 1981, Pulse incorporated and began operating its regional EFT switching facility. In 1995, it launched Pulse Pay, a point-of-sale service where cardholders can use their ATM card at retailers.
As a subsidiary of Visa Inc., it connects all Visa credit, debit and prepaid cards, as well as ATM cards issued by various banks worldwide bearing the Visa / Electron logo. Plus System, Inc. started out as a consortium formed by 34 major U.S. banks to build a national network of automated teller machines (ATM).
Depending on the issuing bank and the preferences of the client, this may allow the card to be used as an ATM card, enabling transactions at automated teller machines; or as a debit card, linked to the client's bank account and able to be used for making purchases at the point of sale with a bank card using a payment terminal. Later, in 2010s ...
The EPS logo. The Express Payment System, more commonly known as the EPS, was the EFTPOS system originally of the ATM cards of Bank of the Philippine Islands and its subsidiaries, BPI Family Savings Bank and BPI Direct Savings Bank.
ISO/IEC 7813 is an international standard codified by the International Organization for Standardization and International Electrotechnical Commission that defines properties of financial transaction cards, such as ATM or credit cards.
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