5895-433131 (949)    CATEGORY STOCK NUMBER (6917)

Name Value
NAME 5895-433131
LIFE EXPECTANCY 10
BRIEF DESCRIPTION TERMINAL CREDIT CARD
NOMENCLATURE
TERMINAL, CREDIT CARD PROCESSING. AN ITEM DESIGNED TO COLLECT AND
ELECTRONICALLY READ PREVIOUSLY ENCODED DATA FROM THE MAGNETIC STRIP OF
CREDIT CARDS AND TRANSMIT COST OF TRANSACTION TO CREDIT CARD ISSUING
BANK. THE DATA IS DIRECTLY MACHINE READABLE WHILE STILL BEING READABLE
BY PEOPLE. IT VERIFIES THE AUTHORIZATION OF CREDIT AT THE POINT OF
TRANSACTION/PAYMENT. UNIT CONSISTS OF CARD SLOT, CHARACTER DISPLAY, A
KEYBOARD, AND A BUILT-IN MODEM.