Before the computerized credit card systems were developed, the raised embossed numbers on credit cards were used as a template that would transfer the credit card numbers onto a receipt with carbon paper. Today, the embossed numbers on the credit cards do not serve any particular purpose beyond allowing the credit card holder to use their credit card with an old-fashioned manual credit card zip-zap machine.
Click for the full glossary of credit card terms.
Similar Articles:
- Zip-Zap Machine
- Knuckle-Buster
- Carbon Paper Packets
- Phishing
- Issuer Identification Number
- FAKO Score
- Validation Code
