TagPayment systems

mag-stripe

mag-stripe  n.— «In theory, overseas merchants are required to accept US cards (which are called “mag-stripe,” for the magnetic stripe that identifies each card).» —“HomeATM’s “PIN my Card” Solves Chip and PIN...

sweatbox

sweatbox  n.— «What will happen when they do have to pay it back includes nonstop calls to them and their parents. Credit card collection agencies know how to harass, threaten and then sweet-talk cardholders who are late. They even have a...

Costanza wallet

Costanza wallet  n.— «Eliminating the need for a George Costanza wallet bursting with credit cards, the Boca Raton, Fla.-based vendor’s virtual payment system instead consolidates all that plastic into users’ Bluetooth-enabled mobile...