Quick was an
electronic purse
Digital currency (digital money, electronic money or electronic currency) is any currency, money, or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. Types of digital cu ...
system available on
Austria
Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...
n bank cards to allow small purchases to be made without cash. The history of the Quick system goes back to 1996. Quick was discontinued on July 31, 2017.
The system was aimed at small retailers such as bakeries, cafés, drink, and parking automats (but even small discount shops such as
Billa Billa may refer to:
Films
*Billa (1980 film), ''Billa'' (1980 film), 1980 Indian Tamil film
*Billa (2002 film), ''Billa'' (2002 film), 2002 Pakistani Punjabi film
*Billa (2007 film), ''Billa'' (2007 film), 2007 Indian Tamil film, remake of ''Bil ...
accept it) and intended for purchases of less than €400. The card was inserted into a handheld Quick reader by the merchant who enters the transaction amount for the customer. The customer then confirms the purchase by pushing a button on the keypad, the exact amount debited from the card within a few seconds.
As well as the multipurpose bank card version, anonymous cards (also
smart card
A smart card, chip card, or integrated circuit card (ICC or IC card) is a physical electronic authentication device, used to control access to a resource. It is typically a plastic credit card-sized card with an embedded integrated circuit (IC) c ...
s) are available for the use of people without bank accounts, such as children and tourists. At
ATMs, one can transfer money for free between bank cards and the Quick chip (either on a standalone smart card, or contained in the bank card).
The scheme was operated by
Europay Austria and most of the
Maestro
Maestro (; from the Italian ''wikt:maestro#Italian, maestro'' , meaning "wikt:master, master" or "teacher") is an honorific title of respect (plural: maestros or maestri). The term is most commonly used in the context of Western classical music ...
cards in use contain Quick support, but new ones are not issued without it.
See also
*
Octopus card
*
Moneo
Moneo, sometimes branded as mon€o, is an electronic purse system available on French bank cards to allow small purchases to be made without cash and used from 1999 to 2015.
The system is aimed at small retailers such as bakeries and cafés and ...
External links
The official Quick site (in German)
Banking in Austria
Smart cards
Payment cards
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