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15 | ||||||||||||||||||||||
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9 | ||||||||||||||||||||||
1. A transaction method that allows payment by simply tapping a card or mobile device against a terminal.
2. A card that enables the holder to borrow funds to pay for goods and services, with the obligation to pay back the borrowed amount plus interest.
3. The process of encoding transaction data to protect it from unauthorized access during processing.
4. A device placed over card readers to collect card data.
5. A device that captures data from cards for the purpose of processing transactions.
6. The process of obtaining a user's personal identification number through fraudulent means.
7. A card that allows the direct withdrawal of funds from a checking account.
8. Measures taken to reduce the risk of unauthorized access or transactions involving financial accounts.
9. A stripe on the back of a card that encodes data and is read by swiping the card through a reader.
10. The illegal practice of capturing personal information from bank cards.
11. A digital payment card generated for online purchases, providing enhanced security for transactions.
12. A card embedded with a microprocessor that provides enhanced security for electronic transactions.
13. Criminal activities involving the manipulation of automated teller machines.
14. A card that contains a magnetic stripe on the back used to store account information for swiping transactions.
15. A digital application that allows users to make transactions using their smartphones.