stored-value card


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stored-value card

A smart card that is "loaded" with cash. See smart card.
References in periodicals archive ?
The district court also found a claim construction dispute over the meaning of "stored-value card" that would need to be resolved before ruling on patent eligibility.
Examples include stored-value cards, contactless (2) cards, and the enabling of debit and credit payments through mobile phones (3) for both point-of-sale and person-to-person transactions.
Kester says the college plans to add more features, allowing the card to be used, for example, as a stored-value card that could be used in vending machines and copy machines on campus.
GPSI manages and sells stored-value card driven payroll programs--primarily to Federal, State and Municipal governments as well as commercial entities.
With the electronic card program, custodial parents may receive their support payments by direct deposit to their bank accounts or may receive the payments via the new, stored-value card program.
Universal Tax Systems (UTS) announced it will offer a new stored-value card branded the CashWise Card through its nationwide network of independent tax preparers.
Serving approximately 3.5 million merchant locations, 1,400 card issuers and millions of consumers, First Data makes it easy, fast and secure for people and businesses to buy goods and services, using virtually any form of payment: credit, debit, smart card, stored-value card or check at the point-of-sale, over the Internet or by money transfer.
Payroll cards are a paperless mechanism by which an employee's pay is loaded on a stored-value card. For employers, payroll cards facilitate payments to those employees who do not make use of direct deposit, including unbanked employees, and also reduce the cost of replacing lost or stolen paychecks.
Recipients get a reloadable stored-value card in the mail, called an i-Kard, that can be used at ATM and point-of-sale terminals in 170 countries.
Butterworth helped launch a smart card loyalty e-purse system for Starbucks, where the customer receives a 20-percent discount on purchases through a stored-value card at Starbucks locations.
In some cases, shoppers can get stored value without ever acquiring a stored-value card in the physical world.
A stored-value card is a payment card similar in appearance to a credit or debit card.