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  2. Clearing House Interbank Payments System - Wikipedia

    en.wikipedia.org/wiki/Clearing_House_Interbank...

    The Clearing House Interbank Payments System (CHIPS) is a United States private clearing house for large-value transactions. As of 2023, it settles approximately 500,000 payments totaling US$1.7 trillion per day. [ 1 ]

  3. Security token - Wikipedia

    en.wikipedia.org/wiki/Security_token

    Type II PC Cards are preferred as a token as they are half as thick as Type III. The audio jack port is a relatively practical method to establish connection between mobile devices, such as iPhone, iPad and Android, and other accessories. [citation needed] The most well known device is called Square, a credit card reader for iOS and Android ...

  4. Contactless payment - Wikipedia

    en.wikipedia.org/wiki/Contactless_payment

    EMV contactless symbol used on compatible payment terminals. EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard.Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for ...

  5. Why do businesses require a signature for credit card ... - AOL

    www.aol.com/finance/why-businesses-require...

    While nearly all credit card transactions once required a physical signature from a cardholder, the widespread adoption of chip cards is paving the way for signatures to become a thing of the past.

  6. Why businesses are not using credit card chip readers - AOL

    www.aol.com/finance/2016-04-12-why-businesses...

    Major credit card companies urged retailers to make the switch to credit cards that used chips instead of magnetic strips to complete transactions in October 2015, but many consumers have noted ...

  7. Citigroup - Wikipedia

    en.wikipedia.org/wiki/Citigroup

    Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company in New York City.The company was formed by the merger of Citicorp, the bank holding company for Citibank, and Travelers in 1998; Travelers was spun off from the company in 2002.

  8. How To Open a Citibank Account - AOL

    www.aol.com/open-citibank-account-090000281.html

    As a leader in credit cards, wealth management and commercial banking, it serves over 110 million consumers in 19 different countries. ... The Citibank Account . Basic Banking . Access Account .

  9. Chip Authentication Program - Wikipedia

    en.wikipedia.org/wiki/Chip_Authentication_Program

    The Chip Authentication Program (CAP) is a MasterCard initiative and technical specification for using EMV banking smartcards for authenticating users and transactions in online and telephone banking. It was also adopted by Visa as Dynamic Passcode Authentication (DPA). [1]

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