Since then, most European nations as well as Japan and Canada have adopted this so-called EMV international credit card standard and abandoned magnetic stripe credit cards for chip-and-pin cards in the process.

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Regrettably, Dan, you and I have -- we hold very few cards in this long process.

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First, the cab companies charge the driver a percentage of the fare in order to process the cards.

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Both of these are aiming for true mobility, retaining the hand-off circuitry and trying to make terminals as small as possible. (They are currently about the size of a videotape, but both firms claim that cards which can fit inside a laptop are coming soon.) In the process, however, they have sacrificed telephony and focused solely on data-only systems.

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Troubled retailer Clinton Cards has been placed in administration, after its largest supplier took steps to begin the process earlier on Wednesday.

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Sure, he was there to give away some books and sign a few autographs, but in the process of having a drawing, we went from iTunes gift cards to internships at Facebook or Twitter.

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More than two-thirds of the 27 million small businesses in the U.S. currently do not accept credit or debit cards, in large part because of the expensive interchange fees associated with payment processing, cumbersome application process and required credit checks.

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About 2, 000 people gathered at an athletic field in Savar for the payments, but the process was slow because many had no identity cards, Faruk Hossain, an inspector for the Industrial Police, was quoted as saying.

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And in some countries outside the United States, the machines that read cards at the point of sale can only process cards with chips.

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