Magnetic Card reader
How do bank card reader work?
Your card reader provides an extra level of security when banking online. It uses your current account Visa debit card and your PIN to generate a unique eight digit passcode, which authorises log in and certain transactions.
How do magnetic card readers work?
Here is an example of what they might mean. The stripe on the back of a credit cardis a magnetic stripe, often called a magstripe. The magstripe is made up of tiny iron-based magnetic particles in a plastic-like film. Each particle is really a very tiny barmagnet about 20 millionths of an inch long.
What information is contained in the magnetic stripe of a credit card?
The credit card’s magnetic stripe contains three tracks of data. Each track is about one-tenth of an inch wide. The first and second tracks in the magnetic stripe are encoded with information about the cardholder’s account, such as their credit cardnumber, full name, the card’s expiration date and the country code.
What is a magnetic card reader?
A magnetic stripe card is a type of card capable of storing data by modifying the magnetism of tiny iron-based magnetic particles on a band of magnetic material on the card. The magnetic stripe, sometimes called swipe card or magstripe, is read by swiping past a magnetic reading head.
How does a smart card reader work?
A smart card is a device that includes an embedded integrated circuit that can be either a secure microcontroller or equivalent intelligence with internal memory or a memory chip alone. The card connects to a reader with direct physical contact or with a remote contactless radio frequency interface
What is a card reader and how does it work?
A memory card reader is a device for accessing the data on a memory card such as a CompactFlash (CF), Secure Digital (SD) or MultiMediaCard (MMC). Most card readers also offer write capability, and together with the card, this can function as a pen drive.
What is the use of a magnetic stripe reader?
A magnetic stripe reader, also called a magstripe reader, is a hardware device that reads the information encoded in the magnetic stripe located on the back of a plastic badge.
How does a swipe card work?
The transaction becomes active when the magnetic stripe on a credit, debit or EBTcard is moved through a console at a retailer. Other swipe cards, such as those thatwork as keys, activate when they come in contact with the card reader, such as tapping the card to pad next to a door handle.
How do you use a card reader?
- Log in to Online Banking.
- Select ‘Security’ from the menu on the left.
- From the ‘Using a card-reader box’, select ‘Enable a card-reader’
- Follow the on-screen instructions, steps 1 to 5.
- After completing step 5 your card-reader will be enabled to use.
Can you use another person’s card reader?
Yes, it’s likely you can use someone else’s card–reader as most bank issued card–readers are built to the same standards. However, for Online Banking to work with acard–reader your account must be enhanced security enabled.
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