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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 wire transfer transactions. [ 1 ] As of late 2024, it settles approximately 500,000 payments totaling US$1.8 trillion per day. [ 2 ]

  3. 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 ...

  4. Smart card - Wikipedia

    en.wikipedia.org/wiki/Smart_card

    The smart card chip can be "loaded" with funds to pay parking meters, vending machines or merchants. Cryptographic protocols protect the exchange of money between the smart card and the machine. No connection to a bank is needed. The holder of the card may use it even if not the owner. Examples are Proton, Geldkarte, Chipknip and Moneo.

  5. A new instant payment system may be coming to a bank near you

    www.aol.com/instant-payment-system-may-coming...

    An insurance company, for instance, could make an immediate payment to help a policyholder whose home or car was damaged by a devastating storm. It also can help speed access to payment of ...

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

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

    Chip cards are a unique type of payment card that incorporates both a magnetic stripe and an embedded microchip. The microchip enhances security by generating unique transaction information for ...

  7. In-Car Payment System - Wikipedia

    en.wikipedia.org/wiki/In-Car_Payment_System

    Renault Samsung Motors first installed an in-car payment system on its 2022 XM3, released on June 4, 2021. It will be available at convenience stores, gas stations, parking lots, cafes and restaurants from July 2021. It is the only in-car payment system that can request the ordered menu to be delivered to the vehicle. [3]

  8. Free Money: How To Get Inflation Relief Payments in 2022 - AOL

    www.aol.com/finance/free-money-inflation-relief...

    The 2022 Delaware Relief Rebate Program provides a one-time direct payment of $300 per adult (18 and over) in the state, giving them help coping with higher gas and food prices.

  9. EMV - Wikipedia

    en.wikipedia.org/wiki/EMV

    These include cards that must be physically inserted or "dipped" into a reader, as well as contactless cards that can be read over a short distance using near-field communication technology. Payment cards which comply with the EMV standard are often called chip and PIN or chip and signature cards, depending on the authentication methods ...

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