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Margaret Thatcher,
the Prime Minister at the time launched an anti-crime initiative,
part of it focussed on theft from coin operated meters. Far from
today's technology, trials were carried out where plastic coins
or tokens where crushed after insertion into the meter, thus rendering
them useless. The benefits to the utility companies were that
it was indeed true prepayment because cash was exchanged for tokens
so they got their money before electricity was consumed, security
could be managed easier and cheaper.
In
the mid 1980's the first generation pre-paid electricity and gas meters were available.
Two examples are; Magnetic card. These were purchased from outlets and
encoded with the cash value. The flaws were such that they were not particularly
secure. The Memory Key. An EEPROM (electrically erasable programmable
read only memory ) encapsulated into a plastic key. More secure than the magnetic
card and not all credit needed to be downloaded so funds could be saved for later.
Also other data encoded on the key could trigger a change of rate or debt collected
to enable payment of arrears. |

Picture
Courtesy of
Direct
Metering Supplies Ltd
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