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SEAC (Standards Eastern Automatic Computer) demonstrated at US NBS in Washington, DC – was the first fully functional stored-program computer in the U.S. May 1950. UK. The Pilot ACE computer, with 800 vacuum tubes, and mercury delay lines for its main memory, became operational on 10 May 1950 at the National Physical Laboratory near London.
Radio-frequency identification (RFID) uses electromagnetic fields to automatically identify and track tags attached to objects. An RFID system consists of a tiny radio transponder called a tag, a radio receiver, and a transmitter. When triggered by an electromagnetic interrogation pulse from a nearby RFID reader device, the tag transmits ...
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 making secure payments. The embedded integrated circuit chip and antenna enable consumers to wave their card ...
Credit card fraud is an inclusive term for fraud committed using a payment card, such as a credit card or debit card. [1] The purpose may be to obtain goods or services or to make payment to another account, which is controlled by a criminal. The Payment Card Industry Data Security Standard (PCI DSS) is the data security standard created to ...
[123] [124] In 1993, MTA started testing the MetroCard, a magnetic stripe card that would replace the tokens used to pay fares. [125] By 1997, the entire bus and subway system accepted MetroCard, [126] and tokens were no longer accepted for fare payment in 2003. [123] [124] A different fare payment system is used on the LIRR and Metro-North.
A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back. Many new cards now have a chip on them, which allows people to use their card ...
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