I have a friend who unwittingly tried to buy groceries at a large supermarket with counterfeit money. The police and shop staff were kind and sympathetic but at the end of the day he still lost out. Bycroydon— On Aug 12, 2011
Main English Definition cash; bank notes Simplified Script 现钞 Traditional Script 現鈔 Pinyin xiànchāo Effective Pinyin (After Tone Sandhi) Same Zhuyin (Bopomofo) ㄒㄧㄢˋ ㄔㄠ Cantonese (Jyutping) jin6caau1Word Decomposition 现 xiàn to appear; present; now; existing; current 钞 chāo money...
and electrical watermarks: Embedding an optical pattern on the chip, or a hidden portion of the circuit that can be electrically stimulated under specific conditions are examples of ways to create a watermark that is unique to the genuine part, making it difficult to produce a counterfeit. A...
according to the Federal Reserve Bank of San Francisco. Counterfeiting is still a problem in 2011, and the Secret Service pursues cases voraciously, as the health of the economy depends on faith in the dollar. If you attempt to pass counterfeit money, you could go to jail...
screenwriting from the American Film Institute, Jessica Ellis brings a unique perspective to her work as a writer for WiseGeek. While passionate about drama and film, Jessica enjoys learning and writing about a wide range of topics, creating content that is both informative and engaging for ...
this isn't an issue: When you hand someone a $20 bill to buy a bottle of vodka, you no longer have it, so there's no danger you could use that same $20 bill to buy lotto tickets next door. Counterfeit cash is possible, but it is not the same as spending the same dollar twice...
the EMV chip "generates a dynamic one-time use code for each transaction called a cryptogram. Because the cryptogram changes with every transaction, even if the card data is stolen, the information can't be used to create counterfeit cards because the stolen cryptogram would have already 'exp...
A chargeback is when a person asks their credit card issuer to return funds used in a purchase. Here’s what to do if your business received a chargeback.
Cashier’s checks also are used in cash trades that must settle quickly, such as with real estate and brokerage transactions.A merchant or payee who wants to avoid the risk of a counterfeit check or a check bouncing may require a cashier’s check for its security and guarantees. Generally,...
For customers, there is generally no practical difference between using a cashless ATM and a cash ATM. The inconvenience of having to potentially wait in line for a cashier is usually not enough to dissuade a customer from taking money out of the ATM. Most customers expect the fees associated...