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Electronic cash

Index Electronic cash

Electronic cash was until 2007 the debit card system of the German Banking Industry Committee, the association which represents the top German financial interest groups. [1]

33 relations: Acceptance mark, Automated teller machine, Backward compatibility, Current account, Düsseldorf, Debit card, Deutsche Bahn, Deutsche Postbank, Digital currency, Direct debit, EFTPOS, EMV, Eurocheque, Federal Cartel Office, Frankfurt, German Banking Industry Committee, Gesellschaft mit beschränkter Haftung, Hardware security module, Internet service provider, Maestro (debit card), Magnetic stripe card, Online authorisation, Personal identification number, Pictogram, PIN pad, Point of sale, Ratingen, Software, Stored-value card, Stuttgart, Taufkirchen (bei München), Transaction account, Visa Electron.

Acceptance mark

An acceptance mark, in respect of credit cards, is a logo or design that indicates which card schemes an automated teller machine or merchant accepts.

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Automated teller machine

An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, transfer funds, or obtaining account information, at any time and without the need for direct interaction with bank staff.

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Backward compatibility

Backward compatibility is a property of a system, product, or technology that allows for interoperability with an older legacy system, or with input designed for such a system, especially in telecommunications and computing.

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Current account

In economics, a country's current account is one of the two components of its balance of payments, the other being the capital account (also known as the financial account).

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Düsseldorf

Düsseldorf (Low Franconian, Ripuarian: Düsseldörp), often Dusseldorf in English sources, is the capital city of the German state of North Rhine-Westphalia and the seventh most populous city in Germany. Düsseldorf is an international business and financial centre, renowned for its fashion and trade fairs.

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Debit card

A debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases.

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Deutsche Bahn

Deutsche Bahn AG (abbreviated as DB, DB AG or DBAG) is a German railway company.

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Deutsche Postbank

Postbank is a German retail bank, which was formed from the demerger of the postal savings division of Deutsche Bundespost in 1990.

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Digital currency

Digital currency (digital money or electronic money or electronic currency) is a type of currency available only in digital form, not in physical (such as banknotes and coins).

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Direct debit

A direct debit or direct withdrawal is a financial transaction in which one person withdraws funds from another person's bank account.

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EFTPOS

Electronic funds transfer at point of sale (EFTPOS) is an electronic payment system involving electronic funds transfers based on the use of payment cards, such as debit or credit cards, at payment terminals located at points of sale.

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EMV

EMV is a payment method based upon a technical standard for smart payment cards and for payment terminals and automated teller machines that can accept them.

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Eurocheque

The Eurocheque was a type of cheque used in Europe that was accepted across national borders and which could be written in a variety of currencies.

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Federal Cartel Office

The Federal Cartel Office (Germany) (Bundeskartellamt) is Germany's national competition regulator.

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Frankfurt

Frankfurt, officially the City of Frankfurt am Main ("Frankfurt on the Main"), is a metropolis and the largest city in the German state of Hesse and the fifth-largest city in Germany.

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German Banking Industry Committee

The German Banking Industry Committee (GBIC) (Die Deutsche Kreditwirtschaft / DK), previously known as the Central Credit Committee (Zentraler Kreditausschuss / ZKA) is an industry association of the German banking industry.

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Gesellschaft mit beschränkter Haftung

A Gesellschaft mit beschränkter Haftung (abbreviated GmbH and also GesmbH in Austria) is a type of legal entity very common in Germany, Austria, Switzerland (where it is equivalent to a société à responsabilité limitée) and Liechtenstein.

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Hardware security module

A hardware security module (HSM) is a physical computing device that safeguards and manages digital keys for strong authentication and provides cryptoprocessing.

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Internet service provider

An Internet service provider (ISP) is an organization that provides services for accessing, using, or participating in the Internet.

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Maestro (debit card)

Maestro (stylized as maestro) is a multi-national debit card service owned by Mastercard that was founded in 1992.

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Magnetic stripe card

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.

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Online authorisation

Online Authorization (OLA) is a system used to verify a transaction on a payment card (e.g. credit card).

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Personal identification number

A personal identification number (PIN, pronounced "pin"; is often spoken out loud "PIN number" by mistake) is a numeric or alpha-numeric password or code used in the process of authenticating or identifying a user to a system and system to a user.

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Pictogram

A pictogram, also called a pictogramme, pictograph, or simply picto, and in computer usage an icon, is an ideogram that conveys its meaning through its pictorial resemblance to a physical object.

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PIN pad

A PIN pad or PIN entry device is an electronic device used in a debit, credit or smart card-based transaction to accept and encrypt the cardholder's personal identification number (PIN).

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Point of sale

The point of sale (POS) or point of purchase (POP) is the time and place where a retail transaction is completed.

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Ratingen

Ratingen is a town in the district of Mettmann, in North Rhine-Westphalia, Germany, in the northwestern part of Berg - about 12 km northeast of Düsseldorf.

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Software

Computer software, or simply software, is a generic term that refers to a collection of data or computer instructions that tell the computer how to work, in contrast to the physical hardware from which the system is built, that actually performs the work.

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Stored-value card

A stored-value card is a payments card with a monetary value stored on the card itself, not in an external account maintained by a financial institution.

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Stuttgart

Stuttgart (Swabian: italics,; names in other languages) is the capital and largest city of the German state of Baden-Württemberg.

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Taufkirchen (bei München)

Taufkichen is a small community south of Munich, near Oberhaching and Unterhaching in southern Germany.

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Transaction account

A transaction account, checking account, current account, demand deposit account, or share draft account (at credit unions) is a deposit account held at a bank or other financial institution.

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Visa Electron

Visa Electron is a debit card available across most of the world, with the exception of Canada, Australia, Ireland and the United States.

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References

[1] https://en.wikipedia.org/wiki/Electronic_cash

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