Examlex
Which of the following is correct?
Stored-Value Card
A plastic card that contains data regarding the value of the card, thereby allowing EFTs to be made.
Magnetic Strip
A strip of magnetic material on a credit card or other card containing data that can be read by swiping it through a reader.
Data
Information, especially facts or numbers, collected to be examined and considered and used to help make decisions.
Cutoff Hour
The specific time by which a certain action must be completed, often used in banking and other time-sensitive environments.
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