ATM Card Networks
In some banking networks, the two functions of ATM cards and debit cards are combined into a single card called simply as a debit card or also commonly called as bank card. These are able to perform banking tasks at ATMs and also make point-of-sale transactions, with both features using a PIN.
Canada's Interac and Europe's Maestro are examples of networks that link bank accounts with point-of-sale equipment.
Some debit card networks also started their lives as ATM card networks before evolving into full fledged debit card networks, example of these networks are: Development Bank of Singapore (DBS)'s Network for Electronic Transfers (NETS) and Bank Central Asia (BCA)'s Debit BCA, both of them were later on adopted by other banks (with Prima Debit being the Prima interbank network version of Debit BCA).
Read more about this topic: ATM Card
Famous quotes containing the words card and/or networks:
“Mothers are not the nameless, faceless stereotypes who appear once a year on a greeting card with their virtues set to prose, but women who have been dealt a hand for life and play each card one at a time the best way they know how. No mother is all good or all bad, all laughing or all serious, all loving or all angry. Ambivalence rushes through their veins.”
—Erma Bombeck (20th century)
“To be perfectly, brutally honest, those of us who are still carrying diaper everywhere we go are not at our most scintillating time of life....We need to remember that at one time in our lives, we all had senses of humor and knew things that were going on in the world. And if we just keep our social networks open, there will be people ready to listen when we once again have intelligent things to say.”
—Louise Lague (20th century)