A payment card is a card that can be used by a cardholder and accepted by a merchant to make a payment for a purchase or in payment of some other obligation.
There are several types of payment cards in the marketplace which have several features in common. Payment cards are embossed plastic cards which are 85.60 × 53.98 mm in size, complying with ISO/IEC 7810 ID-1 standard. They also have an embossed bank card number conforming with the ISO/IEC 7812 numbering standard.
Famous quotes containing the words payment and/or card:
“Put God in your debt. Every stroke shall be repaid. The longer the payment is withholden, the better for you; for compound interest on compound interest is the rate and usage of this exchequer.”
—Ralph Waldo Emerson (1803–1882)
“I must save this government if possible. What I cannot do, of course I will not do; but it may as well be understood, once for all, that I shall not surrender this game leaving any available card unplayed.”
—Abraham Lincoln (1809–1865)