New electronics for payment
IEE Review, 35 (9):
339--342 (Oct 5, 1989)Abstract
Plastic cards are now commonplace in many countries as an adjunct
to cash in transactions. The author discusses how far they will go
to replacing cash and cheques. The author discusses coin handling
and coin operated equipment and new coin recognition principles.
The increase in the number of automatic teller machines, automation
of cheque handling, and the increase in cards and card systems, particularly
for EFTPOS, are also described. The author discusses smart cards
and gives examples of the use of prepayment cards