Allows retailers to accept payments by chip and pin cards such as debit/credit cards
The customer's card is swiped/inserted at a card reader/POS terminal/machine
The customer keys in a PIN
The terminal sends the transaction data to the computer system of the customer’s bank
If there are sufficient funds, the amount is debited from the customer’s account
lydiajane74 answered the question on July 1, 2018 at 18:35
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