Picture of a sign with the EC karte and maestro logo on a German ATM in Dortmund. Electronic cash was, until 2007, the debit card system of the German
Picture of a sign with the EC karte and maestro logo on a German ATM in Dortmund. Electronic cash was, until 2007, the debit card system of the German Banking Industry Committee, the association that represents the top German financial interest groups. Usually paired with a transaction account or current account, cards with an Electronic Cash logo were only handed out by proper credit institutions. An electronic card payment was generally made by the card owner entering their PIN (Personal Identification Number) at a so-called EFT-POS-terminal (Electronic-Funds-Transfer-Terminal). The name "EC" originally comes from the unified European checking system Eurocheque. Comparable debit card systems are Maestro and Visa Electron. Banks and credit institutions who issued these cards often paired EC debit cards with Maestro functionality. These combined cards, recognizable by an additional Maestro logo, were referred to as "EC/Maestro cards". Mastercard Maestro is a brand of debit cards and prepaid cards owned by Mastercard that was introduced in 1991. Maestro is accepted at around fifteen million point of sale outlets in 93 countries. Starting July 1, 2023, Mastercard will phase out Maestro across Europe.
Size: 4000px × 2667px
Photo credit: © Jerome Cid / Alamy / Afripics
License: Royalty Free
Model Released: No
Keywords: atm, autoteller, bank, bankcard, banking, brand, branding, business, card, cash, cashpoint, commerce, committee, credit, currency, debit, deutsch, deutsche, deutschland, dortmund, ec, electronic, eurocard, eurocheque, europay, finance, financial, geldautomat, german, germany, girocard, industry, karte, kreditwirtschaft, logo, maestro, monetary, money, payment, sign, signage, system, withdrawal
