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Plastic and electronic banking

  • D. P. Whiting
Chapter
Part of the Macmillan Master Series book series

Abstract

When you have carefully studied this chapter you should be able to:
  • Explain how the system of telephone and homebanking works

  • Define the term EFTPOS and give an account of recent developments in connection with it e.g. the introduction of the Switch and Delta systems

  • Explain the terms ‘credit’, ‘debit’, ‘charge’, ‘store’ and ‘smart’ in relation to plastic cards, and list the advantages and disadvantages of each of them

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Copyright information

© D.P. Whiting 1994

Authors and Affiliations

  • D. P. Whiting

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