1. EFTPOS and credit card payments The Bizgate system integrates fully with Inge NICO's PC EFTPOS Software which allows a fully functioning EFTPOS Pinpad to be used in Bizgate's Point of Sale system. The PC EFTPOS Pinpad is fully functioning and allows the processing of both Credit Card and Debit Card payments.

2. Credit card numbering Credit card numbering The numbers found on credit cards have a certain amount of internal structure, and share a common numbering scheme. The numbers found on credit cards have a certain amount of internal structure, and share a common numbering scheme. The card number's prefix, called the Bank Identification Number, is the sequence of digits at the beginning of the number that determine the bank to which a credit card number belongs. The card number's prefix, called the Bank Identification Number, is the sequence of digits at the beginning of the number that determine the bank to which a credit card number belongs.

3. Prepaid "credit" cards A prepaid credit card is not a credit card, since no credit is offered by the card issuer: the card- holder spends money which has been "stored" via a prior deposit by the card-holder or someone else, such as a parent or employer. However, it carries a credit-card brand (Visa, MasterCard, American Express or Discover) and can be used in similar ways just as though it were a regular credit card. A prepaid credit card is not a credit card, since no credit is offered by the card issuer: the card- holder spends money which has been "stored" via a prior deposit by the card-holder or someone else, such as a parent or employer. However, it carries a credit-card brand (Visa, MasterCard, American Express or Discover) and can be used in similar ways just as though it were a regular credit card.

4. Security Credit card security relies on the physical security of the plastic card as well as the privacy of the credit card number. Therefore, whenever a person other than the card owner has access to the card or its number, security is potentially compromised. Credit card security relies on the physical security of the plastic card as well as the privacy of the credit card number. Therefore, whenever a person other than the card owner has access to the card or its number, security is potentially compromised.

5. Problems The low security of the credit card system presents countless opportunities for fraud. This opportunity has created a huge black market in stolen credit card numbers, which are generally used quickly before the cards are reported stolen. The low security of the credit card system presents countless opportunities for fraud. This opportunity has created a huge black market in stolen credit card numbers, which are generally used quickly before the cards are reported stolen.

6. Credit cards in ATMs Many credit cards can also be used in an ATM to withdraw money against the credit limit extended to the card, and The interest on cash advances is commonly charged from the date the withdrawal is made, rather than the monthly billing date Many credit cards can also be used in an ATM to withdraw money against the credit limit extended to the card, and The interest on cash advances is commonly charged from the date the withdrawal is made, rather than the monthly billing date