Home > Term: CASH
CASH
Chip card function (e.g. on a Maestro card or Postcard). Chips can be loaded with cash up to a set amount at a Bancomat. Can be used as a cash substitute in shops displaying the CASH sign. PIN codes are not required, and the price of the purchase can be debited directly from the card.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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