Section 2: The Technology Behind Card Payments
This section provides a brief history of the development of card payments and describes the main types of payment instruments available.
History of Card Payments
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How have card payments changed over the years?
Imprinter Machines
Swipe Technology
Chip and PIN Technology (EMV)
E-Commerce
Contactless Technology
Mobile Payments and Tokenisation
Wearable Payment Devices
Strong Customer Authentication (SCA)
One-Time Password (OTP)
Knowledge Based Authentication (KBA)
Biometric Authentication
Future Technologies
Not available on abridged version
What card payments technologies will there be in the future?
Deep Learning and AI
Blockchain
Internet of Things (IoT)
Instruments
What kind of card payment instruments are there?
Prepaid and Debit Cards
Gift Cards
Credit Cards
Multi-currency Cards
Virtual Cards