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Lifestream Aggregators

question 32

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Lifestream aggregators:


Definitions:

Electronic Fund Transfer Act

A law that protects consumers when they transfer funds electronically, including ATMs, debit cards, and direct deposits.

Smart Cards

Plastic cards embedded with a microprocessor chip, which can store and process data, used for various applications like credit cards and identity verification.

Stored-Value Cards

Prepaid payment cards where a monetary value is stored on the card itself, not in an external account.

Microchips

Small semiconductor devices that contain integrated circuits, used in a variety of electronic equipments and devices.

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