Global Card ME

RFID stands for Radio Frequency Identification. It's a technology that uses radio waves to identify and track objects. In the context of debit cards, it's a small chip embedded in the card that allows for contactless payments. This means you can simply tap your card on a reader, rather than swiping it or inserting it into a machine. This technology is becoming increasingly popular as it offers a faster and more convenient way to make payments. However, it's important to be aware of the potential security risks associated with RFID technology. Here are some things to keep in mind: Skimming: Thieves can use special devices called skimmers to read the information stored on your RFID chip. This information can then be used to make fraudulent purchases. Data breaches: If a retailer's payment system is hacked, your card information could be compromised. To protect yourself from these risks, you can take the following precautions: Use RFID blocking sleeves or wallet

An ATM card (Automated Teller Machine card) is a payment card issued by a bank or financial institution that allows you to access your bank account through an ATM to perform basic transactions, such as withdrawing cash, checking account balance, transferring funds between accounts, and even making deposits. Key Features of an ATM Card: Access to Cash : The primary use of an ATM card is to withdraw cash from ATMs. Bank Account Linkage : An ATM card is directly linked to your bank account, meaning any transaction you make using the card is deducted directly from your account balance. PIN Security : ATM cards require a Personal Identification Number (PIN) for authentication, ensuring secure transactions. Limited to ATMs : Traditional ATM cards can generally only be used at ATMs, unlike debit or credit cards, which can be used for purchases at stores or online. Difference Between ATM Card and Debit Card ATM Card : Often limited to use at ATMs for cash withdrawal and basic account services