e/Chipknip

Information
has gloss	eng: Chipknip is the electronic cash system used in the Netherlands. All ATM cards issued by Dutch banks have smart cards that can be loaded with value via Chipknip loading stations next to ATMs. All bank cards are interoperable. Chipknip can be used for payments at parking machines, shops etc. No network access is required by the payment collection terminal. The system is therefore complementary to the online electronic point-of-sale payment system known in the Netherlands as "PIN" which transfers money between bank accounts in real-time. The maximum value of Chipknip storage and transactions is quite limited, but adequate for small retail transactions.
lexicalization	eng: Chipknip
instance of	e/Electronic money