Direct Data Entry (DDE) devices
Magnetic strip readers
Contactless card readers
Chip and PIN reader
ATM
EFTPOS
Security devices (building entry card)
Advantages
Fast data entry
Error-free
Secure
Robust
Disadvantages
Damaged strip
Need contact
Info not readable by human
Small purchase, No PIN
Use radio wave
Advantages
Faster
128-bit data encryption
Retailers - no access to customer credit card info
Disadvantage
Expensive
Data theft
Small transaction only
EFTPOS
Keypad to enter PIN
Advantage
PIN required - more secure
More robust than magnetic strips
Disadvantage
Fraud if PIN info stolen