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The systems use a plastic payment card, similar to a credit or debit card, which has an embedded microchip that tracks the card's balance and interfaces with encrypted card readers. This method allows soldiers to purchase goods and services at U.S. military posts and canteens, without carrying cash, or manage their personal bank accounts while ...
A credit card imprinter, colloquially known as a ZipZap machine, click-clack machine or Knuckle Buster, is a manual device that was used by merchants to record credit card transactions before the advent of payment terminals.
Most payment cards, such as debit and credit cards, can also function as ATM cards, although ATM-only cards are also available. Most charge and proprietary cards cannot be used as ATM cards. The use of a credit card to withdraw cash at an ATM is treated differently to a POS transaction, usually attracting interest charges from the date of the ...
"Five Cs of Singapore" — namely, cash, car, credit card, condominium and country club — is a phrase used in Singapore to refer to materialism. [1] It was first coined as a popular observational joke during the 1990s about the aspirations of some Singaporeans that exhibits materialistic tendencies by constantly seeking to obtain material possessions in an effort to impress others.
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