Do you really know about card reader?

What is card reader?

A card reader is a data input device that reads data from a card-shaped storage medium. And card reader also have different kinds, for example, modern card readers are electronic devices that can read plastic cards embedded with either a barcode, magnetic strip, computer chip or another storage medium.A smart card readers are used with smart cards which are a type of plastic technology card with a built-in chip used for What is a smart card reader used for electronic processes including personal identification, access control, authentication, and financial transactions. A magnetic card reader is a device used to read magnetic stripe cards, such as credit cards. A business card reader is a device used to scan and electronically save printed business cards.

What can card reader do?

A card reader can decode the information contained in a credit or debit card's magnetic strip or microchip.

Credit card readers work by extracting information from a customer’s credit or debit card, transmitting it to the payment processor, and collecting information from the customer’s bank in return.

Smart card reader can do electronic processes including personal identification, access control, authentication, and financial transactions.

Where can the card reader be used?

Card reader technology is an essential piece of the puzzle when it comes to credit and debit card transactions. Most people reading this will probably have a basic understanding of card readers and the key role they have to play across thousands of businesses up and down the country. You can use it in many area, such as e-Government, e-Banking and e-Payment, e-Healthcare, public key infrastructure, network security, access control, loyalty program, etc.