Cards and payments refers to the use of plastic money or fundamentally debit or credit cards for making payments or paying bills. It also refers to as electronic funds transfer. This involves the card being electronically linked to one or multiple accounts. This industry generally deals with POS cards, ATM, e-purse, prepaid cards, credit cards, debit cards, and other associated business. It comprises organizations that store, process, and transfer data related to the cardholder and the amount to be transmitted. With the global economy moving towards being cashless, the cards and payments industry is expected to surge towards an optimistic future.
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