Banking Card Readers
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Some banks have issued hand-held smartcard readers to their customers to support different electronic payment applications:
- Chip Authentication Program (CAP) uses EMV banking cards to authenticate online transactions as a phishing countermeasure.
- Geldkarte is a German electronic purse scheme where card readers are used to allow the card holder to verify the amount of money stored on the card and the details of the last few transactions.
Read more about this topic: Card Reader
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