Knowledge (XXG)

Proton (debit card)

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In August 1998, Proton World International was founded, a joint venture between Banksys, Visa, American Express and EGR. The goal was to promote the Proton technology worldwide. In 2001, the Australian company ERG bought the remaining shares of Proton World and became the sole shareholder, making a $
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The advantage to merchants was that they could accept payments without the necessity for a bank terminal to be connected to a centralised system for approving the transaction (the transaction was approved by the card itself), and the transaction was very quick.
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The card was used for small payments without a pin code or signature, and ran the same risk as with ordinary cash in that if the card was lost the cash value allocated to the card would also be lost.
133: 52:. The system was introduced in February 1995 with the goal to replace cash primarily for small transactions around € 15. For security, the card was limited to storing 125 277: 251: 222: 137: 329: 356: 546: 1044: 289: 556: 158: 90:; possibly due to a poor understanding of the system. Despite this, the system was also implemented in other countries such as 992: 272: 829: 713: 511: 454: 865: 501: 106: 886: 349: 243: 112:
The system was retired on 31 December 2014. Customers are requested to offload the charged amount back onto their
896: 839: 612: 581: 536: 489: 217: 212: 972: 952: 901: 637: 159:"Waarom de onderhandelingen over 'een standaard' voor mobiel bankieren mislukten en hoe de banksector wint" 997: 506: 962: 936: 844: 632: 342: 982: 795: 627: 602: 541: 402: 957: 738: 703: 672: 642: 921: 647: 571: 516: 474: 72: 977: 931: 813: 808: 728: 667: 464: 285: 87: 987: 926: 767: 723: 708: 677: 662: 657: 397: 387: 41: 860: 743: 733: 281: 1023: 755: 1038: 484: 444: 419: 79: 57: 1018: 803: 775: 718: 526: 113: 17: 334: 78:
Proton saw limited success in Belgium, despite being available on commonplace on
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50 million dollar loss two years later by selling it to
98:, and has been considered for other markets such as 1011: 945: 914: 879: 853: 822: 794: 766: 696: 595: 435: 380: 56:of available electronic cash (originally 5,000 350: 8: 876: 357: 343: 335: 284:, Reserve Bank of Australia, 1999, p. 12. 213:"ERG seeks $ 104m to stitch up card deal" 125: 134:"Proton zakt verder weg - Datanews.be" 194:from the original on 28 February 2022 184:"Proton wil wereldwijd de beste zijn" 7: 254:from the original on 17 January 2022 225:from the original on 17 January 2022 512:European Payments Initiative (EPI) 25: 502:Electronic Payment Services (EPS) 993:Personal identification number 1: 830:Card not present transaction 714:Credit card balance transfer 302:"Proton verdwijnt eind 2014" 274:Payment Systems in Australia 136:. 2011-02-07. Archived from 116:before the expiration date. 27:Not to be confused with the 244:"ERG loses $ 50m on Proton" 107:message authentication code 1061: 308:(in Flemish). 12 July 2012 221:. 2001-11-01. p. 30. 105:Security was based on the 26: 1045:Stored-value payment card 840:Controlled payment number 218:The Sydney Morning Herald 973:Hardware security module 953:Automated teller machine 739:Current/checking account 190:(in Dutch). 1998-08-01. 330:Proton (Atos Worldline) 998:Secure cryptoprocessor 963:Credit card imprinter 937:Credit card hijacking 983:Magnetic stripe card 958:Contactless payment 704:Payment card number 922:Card security code 880:Interbank networks 517:Forbrugsforeningen 280:2011-04-06 at the 88:convenience stores 73:STMicroelectronics 18:Proton (bank card) 1032: 1031: 978:Interbank network 932:Credit card fraud 910: 909: 814:Universal default 809:Introductory rate 729:Revolving account 16:(Redirected from 1052: 988:Payment terminal 927:Chargeback fraud 877: 724:Installment loan 709:Card association 658:Rail Travel Card 388:American Express 359: 352: 345: 336: 317: 316: 314: 313: 298: 292: 269: 263: 262: 260: 259: 240: 234: 233: 231: 230: 209: 203: 202: 200: 199: 180: 174: 173: 171: 170: 155: 149: 148: 146: 145: 130: 44:application for 42:electronic purse 21: 1060: 1059: 1055: 1054: 1053: 1051: 1050: 1049: 1035: 1034: 1033: 1028: 1007: 941: 906: 875: 849: 818: 790: 762: 744:Savings account 734:Deposit account 692: 663:Revolution Card 591: 438:specialty cards 437: 431: 376: 363: 326: 321: 320: 311: 309: 300: 299: 295: 282:Wayback Machine 270: 266: 257: 255: 242: 241: 237: 228: 226: 211: 210: 206: 197: 195: 182: 181: 177: 168: 166: 157: 156: 152: 143: 141: 132: 131: 127: 122: 35: 32: 23: 22: 15: 12: 11: 5: 1058: 1056: 1048: 1047: 1037: 1036: 1030: 1029: 1027: 1026: 1024:Acquiring bank 1021: 1015: 1013: 1009: 1008: 1006: 1005: 1000: 995: 990: 985: 980: 975: 970: 965: 960: 955: 949: 947: 943: 942: 940: 939: 934: 929: 924: 918: 916: 912: 911: 908: 907: 905: 904: 899: 894: 889: 883: 881: 874: 873: 868: 863: 857: 855: 851: 850: 848: 847: 842: 837: 832: 826: 824: 820: 819: 817: 816: 811: 806: 800: 798: 792: 791: 789: 788: 783: 778: 772: 770: 764: 763: 761: 760: 759: 758: 748: 747: 746: 741: 731: 726: 721: 716: 711: 706: 700: 698: 694: 693: 691: 690: 685: 680: 675: 670: 665: 660: 655: 650: 645: 640: 635: 630: 625: 620: 615: 610: 605: 599: 597: 593: 592: 590: 589: 584: 579: 574: 569: 564: 559: 554: 549: 544: 539: 534: 529: 524: 519: 514: 509: 504: 499: 494: 493: 492: 482: 477: 472: 467: 462: 457: 452: 447: 441: 439: 433: 432: 430: 429: 428: 427: 422: 417: 407: 406: 405: 400: 390: 384: 382: 378: 377: 364: 362: 361: 354: 347: 339: 333: 332: 325: 324:External links 322: 319: 318: 293: 264: 250:. 2003-03-27. 235: 204: 175: 165:. 4 March 2012 150: 124: 123: 121: 118: 80:parking meters 33: 24: 14: 13: 10: 9: 6: 4: 3: 2: 1057: 1046: 1043: 1042: 1040: 1025: 1022: 1020: 1017: 1016: 1014: 1010: 1004: 1001: 999: 996: 994: 991: 989: 986: 984: 981: 979: 976: 974: 971: 969: 966: 964: 961: 959: 956: 954: 951: 950: 948: 944: 938: 935: 933: 930: 928: 925: 923: 920: 919: 917: 913: 903: 900: 898: 895: 893: 890: 888: 885: 884: 882: 878: 872: 869: 867: 864: 862: 859: 858: 856: 852: 846: 843: 841: 838: 836: 833: 831: 828: 827: 825: 821: 815: 812: 810: 807: 805: 802: 801: 799: 797: 793: 787: 784: 782: 779: 777: 774: 773: 771: 769: 765: 757: 754: 753: 752: 749: 745: 742: 740: 737: 736: 735: 732: 730: 727: 725: 722: 720: 717: 715: 712: 710: 707: 705: 702: 701: 699: 695: 689: 686: 684: 681: 679: 676: 674: 671: 669: 666: 664: 661: 659: 656: 654: 651: 649: 646: 644: 641: 639: 636: 634: 631: 629: 626: 624: 621: 619: 616: 614: 613:Carte Blanche 611: 609: 606: 604: 601: 600: 598: 596:Defunct cards 594: 588: 585: 583: 580: 578: 575: 573: 570: 568: 565: 563: 560: 558: 555: 553: 550: 548: 545: 543: 540: 538: 535: 533: 530: 528: 525: 523: 520: 518: 515: 513: 510: 508: 505: 503: 500: 498: 495: 491: 488: 487: 486: 483: 481: 478: 476: 473: 471: 468: 466: 463: 461: 458: 456: 453: 451: 448: 446: 443: 442: 440: 434: 426: 423: 421: 418: 416: 413: 412: 411: 408: 404: 401: 399: 396: 395: 394: 391: 389: 386: 385: 383: 379: 375: 371: 367: 360: 355: 353: 348: 346: 341: 340: 337: 331: 328: 327: 323: 307: 303: 297: 294: 291: 290:92-9131-069-7 287: 283: 279: 276: 275: 268: 265: 253: 249: 245: 239: 236: 224: 220: 219: 214: 208: 205: 193: 189: 185: 179: 176: 164: 160: 154: 151: 140:on 2011-02-07 139: 135: 129: 126: 119: 117: 115: 110: 108: 103: 101: 97: 93: 89: 86:, and within 85: 81: 76: 74: 68: 64: 61: 59: 55: 51: 47: 43: 39: 30: 19: 1019:Issuing bank 804:Grace period 776:Cash advance 719:Credit limit 682: 527:Hyundai Card 436:Regional and 310:. Retrieved 306:De Standaard 305: 296: 273: 267: 256:. Retrieved 247: 238: 227:. Retrieved 216: 207: 196:. Retrieved 187: 178: 167:. Retrieved 162: 153: 142:. Retrieved 138:the original 128: 114:bank account 111: 104: 77: 69: 65: 62: 37: 36: 871:Card scheme 854:Interchange 618:Carte Bleue 490:Diners Club 381:Major cards 374:debit cards 163:@odvliegher 96:Netherlands 46:debit cards 29:Proton Bank 1003:Smart card 946:Technology 835:Chargeback 781:Charge-off 643:Everything 393:Mastercard 312:2021-01-06 258:2022-01-17 229:2022-01-17 198:2022-01-13 169:2021-01-06 144:2021-01-06 120:References 84:pay phones 866:Surcharge 470:Cabcharge 450:AzeriCard 188:De Morgen 100:Australia 34:Bank card 1039:Category 915:Security 796:Interest 786:Debt-lag 751:ATM card 697:Accounts 638:Eurocard 623:Chipknip 608:Bankcard 577:UnionPay 532:Isracard 522:Girocard 485:Discover 465:BCA Card 455:Bancomat 420:Electron 278:Archived 252:Archived 223:Archived 192:Archived 92:Chipknip 1012:Banking 892:Interac 845:Dispute 823:Payment 633:enRoute 480:Dankort 460:BC Card 403:Maestro 271:Basel. 248:The Age 94:in the 50:Belgium 40:was an 887:Cirrus 683:Proton 673:Switch 653:Mondex 628:Choice 603:Access 562:PayPak 497:EFTPOS 370:charge 366:Credit 288:  38:Proton 897:Pulse 688:V Pay 648:Laser 587:Verve 567:RuPay 552:Meeza 415:Debit 398:Debit 902:Plus 768:Debt 756:Fees 668:Solo 582:UATP 572:Troy 557:NETS 547:MEPS 445:ArCa 425:Cash 410:Visa 372:and 286:ISBN 968:EMV 861:Fee 678:PIN 542:Mir 537:JCB 507:Elo 60:). 58:BEF 54:EUR 48:in 1041:: 475:CB 368:, 304:. 246:. 215:. 186:. 161:. 109:. 102:. 82:, 75:. 358:e 351:t 344:v 315:. 261:. 232:. 201:. 172:. 147:. 31:. 20:)

Index

Proton (bank card)
Proton Bank
electronic purse
debit cards
Belgium
EUR
BEF
STMicroelectronics
parking meters
pay phones
convenience stores
Chipknip
Netherlands
Australia
message authentication code
bank account
"Proton zakt verder weg - Datanews.be"
the original
"Waarom de onderhandelingen over 'een standaard' voor mobiel bankieren mislukten en hoe de banksector wint"
"Proton wil wereldwijd de beste zijn"
Archived
"ERG seeks $ 104m to stitch up card deal"
The Sydney Morning Herald
Archived
"ERG loses $ 50m on Proton"
Archived
Payment Systems in Australia
Archived
Wayback Machine
ISBN

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