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Magnetic Stripe Reader Overview

The document discusses different types of card readers used for input and output in banking systems. It describes magnetic stripe readers, contactless debit card readers, and chip and pin readers. Magnetic stripe readers read information on magnetic stripes and are used for ATMs and entry systems. Contactless debit cards allow short-range payments under a certain limit without a PIN. Chip and pin readers are more secure and are used at point-of-sale terminals in stores. The document was created and edited by Jumana Usama, a student at International Al Noor School.

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Jumana Elkhateeb
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44 views6 pages

Magnetic Stripe Reader Overview

The document discusses different types of card readers used for input and output in banking systems. It describes magnetic stripe readers, contactless debit card readers, and chip and pin readers. Magnetic stripe readers read information on magnetic stripes and are used for ATMs and entry systems. Contactless debit cards allow short-range payments under a certain limit without a PIN. Chip and pin readers are more secure and are used at point-of-sale terminals in stores. The document was created and edited by Jumana Usama, a student at International Al Noor School.

Uploaded by

Jumana Elkhateeb
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Created and edited by Jumana Usama Class and Division 9J from International Al Noor school

ICT NOTES
Input and output devices; (2.2 DDE
devices)2.2.1 Card readers:
 Magnetic Stripe readers.
 Contactless debit card readers.
 Chip and pin readers.

ICT applications; (Banking systems)


6.6.1 Banking Applications
 ATMS.
 EFT.
 Credit/debit card transactions.
 Workbook Questions.

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Created and edited by Jumana Usama Class and Division 9J from International Al Noor school

Input and output devices; (2.2 DDE devices)


2.2.1 Card readers

Card readers

Magnetic Stripe Reader Chip & Pin readers

Contactless debit card Readers

1 Magnetic Stripe readers;


Magnetic stripe readers are used to read information on the
magnetic stripe such as Account number, Sort code, Expiry date
& Start date.

Uses:
On credit/debit cards for use at ATMS or EFTPOS.
Security devices to allow entry to hotel rooms or buildings.

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Created and edited by Jumana Usama Class and Division 9J from International Al Noor school

Advantages:
 Fast data entry.
 Error free.
 Secure.
 Not affected by water, oil or moisture.
Disadvantages:
 If it gets damaged the data is lost.
 Does not work at a distance.
 Not human readable.

2 Contactless debit/credit card readers


Contactless debit/card readers allow customers to pay for items
worth up to a certain amount of money without entering their pin.

Advantages=
 Faster transactions.
 No typing errors.

Disadvantages=
 More expensive than credit/debit cards.
 Theft.

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Created and edited by Jumana Usama Class and Division 9J from International Al Noor school

3 Chip and pin readers


Chip and pin readers are used at EFTPOS terminal.
Uses=
used at supermarkets.

Advantages;
 More secure system.
 More robust system.

Disadvantages;
 Fraud.

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Created and edited by Jumana Usama Class and Division 9J from International Al Noor school

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Created and edited by Jumana Usama Class and Division 9J from International Al Noor school

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