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HOW DOES A DEBIT AND CREDIT CARD CHIP WORK?? ( డెబిట్ మరియు క్రెడిట్ కార్డ్ చిప్ ఎలా పని చేస్తుంది?? )

Have you ever wondered how your debit or credit card works? It's actually pretty cool! Inside your card, there is a tiny computer chip. This chip is what makes it possible for your card to be used to make purchases. When you go to a store and want to buy something, the cashier will ask for your card. They will then insert it into a special machine called a card reader. The card reader talks to the chip in your card and sends information about your purchase to the bank. The bank then checks to make sure you have enough money in your account (if it's a debit card) or that you are approved for a credit card purchase. Once the bank gives the okay, the purchase is complete and the money is transferred from your account to the store. It all happens really quickly and makes it easy to buy things without carrying around a lot of cash. Pretty cool, right? Another cool thing about the chip in your card is that it helps keep your information safe. The chip creates a unique cod

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