credit card slot
The 'credit card slot' is a critical component in electronic transactions, facilitating the reading of card information for payments and security checks.
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Definition
B2Finance and Technology
(technical)An opening in a machine or device where a card is placed to read its data for transactions.
Example
- The ATM's credit card slot is designed to read both chip and magnetic strip cards.
- Insert your card into the credit card slot to proceed with the payment.
Similar
Terms that have similar or relatively close meanings to "credit card slot":
credit cardcard readercoin slotslot inmemory cardcard standlaser cardblack cardcheque cardname cardfile cardslot machine