What You Need to Know About Payment Cards

A payment card is typically a 21/8 Inch by 33/8 Inch plastic card with either a magnetic stripe or a computer chip that stores the card user's data, including card number and expiration date. Today, consumers use many different types of payment cards. This paper provides answers to some of the most frequently asked questions about payment cards.

Provided by: Federal Reserve Bank of Philadelphia Topic: Date Added: Nov 2004 Format: PDF

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