Chip Card Guard

0

Posted by davids | Posted in Baseball-MLB | Posted on 19-04-2009

Tags: electronics, gadgets, hardware, shop, shopping

Chip Card Guard

In 1958, Bank of America in Fresno, California, introduced the BankAmericard credit card. The original intent of the card was to simplify the financial processes of the traders. The BankAmericard only available in California until 1965 when it was licensed in several other states. Bank of America gave control of the credit card program for individual issuers, in 1970, and fifteen countries were given license to the card in 1972. Different card issuers BankAmericard united under the name of Visa 1975. Visa is a name widely recognized today and is the largest electronic payments network in the world, serving more than 170 countries

Smart Cards
Visa smart cards contain electronic chips that store information encrypted. Smart cards offer more security card Credit or debit cards with magnetic strips. Identity thieves can copy the magnetic stripe information, but the electronic chips are safe of this practice. When used in combination with a personal identification number (PIN), smart cards offer a much higher level of security than typical credit or debit card. Smart cards can be used worldwide. The South Pacific is home to more than just chip enabled 1680000 point of service payment terminals.

Verified by Visa
Verified by Visa, introduced in 2002, is another program that improves the cardholder security. Shopping Online require the use of a password in order to complete the transaction. This guards against unauthorized use of Visa credit and debit cards. Register card holder from Verified by Visa password immediately and could have better protection when making purchases of Verified by Visa merchants.

Visa payWave
Visa cardholders can "wave, pay and go" with a Visa payWave. PayWave is a contact form to make payments, transact business faster and more convenient. PayWave The system uses Near-Field Communication (NFC) technology to transmit and receive transaction information. Instead pass a credit card or debit card through a card reader and then enter the PIN, the user places the card in front of the reader payWave payWave and the transaction is completed. Other Asia Pacific countries have incorporated the use of contactless payWave through enabled phones, PDAs and other devices USB.

Visa Travel Money
Visa Travel Money allows cardholders to access cash for expenses abroad. Travel money cards are available in different quantities. They are prepaid and has available after exhausting the amount of cash. Cardholders can purchase up to nine letters of travel money at once, giving themselves access to more cash or allow his fellow passengers to use one or more of the cards. Visa Travel Money cards require the cardholder to enter a PIN with each transaction, increase the security of the card.

Other services
Offers Visa credit and debit cards for businesses, corporations and government institutions. Visa cards allow closer monitoring of financial transactions while providing a high level of security.

Visa Global Customer Assistance is available 24 hours a day. Cardholders can call the number Free instant access to the ATM location information, travel and medical assistance, and to report lost or stolen cards.

About the Author:

pammy is IT Consultant. pammy writes articles about Compare credit cards from Australia’s leading

credit card issuers. Credit Cards Heaven offers credit card reviews and tables to compare

credit cards. on the website –> http://www.creditcardsheaven.com.au

Article Source: ArticlesBase.com – Visa Credit Cards