Sign for transaction
EuroPay Mastercard Visa
Near Field Communication
Corporate Cards
Safer than Swipe and Manual Key Entry
Deduct funds immediately from cardholder's bank account
Retail Cards
Lower Rates than Credit Cards
Rewards Cards
One Time Payment Token is used instead of Card Data
Entry Method: Tap
Fraud Prevention
Card Data is Encrypted into One Time Usage Code
Higher Rates than Debit or Prepaid Cards
Tokenization
Can be run as PIN-based debit or credit through a terminal
Safer than Credit Card Transactions
Attached to a bank account
Use a PIN
Contactless Card
Chip Card Processing
Attached to a line of credit
Apple Pay
Entry Method: Dip
