Payment system used primarily in the retail trade. When cash cards are used, the payment data is recorded in data terminals, forwarded electronically to the account-holding bank and processed there. – See rejection, community card, computer payment, chip card, money, electronic, card, multifunctional, card use file, small-value payment systems, network money business, pay-green initiative, passbook, ticketing, electronic. – Cf. Deutsche Bundesbank Monthly Report, June 2014, p. 71 et seq. (cash withdrawals at the point of sale; detailed presentation; numerous overviews).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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