Friday, September 25, 2015

New credit card transaction

How new credit card transaction happens.

It’s intriguing how this is accomplished. The card doesn’t require its own power source. Instead, the electronics in the card include a capacitor and a coil that can accept a charge from the proximity card reader. When you pass the card close to the reader, the reader excites the coil and stores a charge in the capacitor. Once charged, the card transmits the information to the reader using a radio frequency.

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