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PAX Technology S90 credit card terminal with a Visa card inserted.. A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [1]), is a device which interfaces with payment cards to make electronic funds transfers.
Manual card imprinter Another type of manual card imprinter (Janome M220) with a smaller sliding handle. A credit card imprinter, colloquially known as a ZipZap machine, click-clack machine or Knuckle Buster, is a manual device that was used by merchants to record credit card transactions before the advent of payment terminals.
Electronic Funds Transfer at Point Of Sale, abbreviated as EFTPOS (/ ˈ ɛ f (t) p ɒ s /), is the technical term referring to a type of payment transaction where electronic funds transfers (EFT) are processed at a point of sale (POS) system or payment terminal usually via payment methods such as payment cards (debit cards, credit cards or gift cards).
Depending on the issuing bank and the preferences of the client, this may allow the card to be used as an ATM card, enabling transactions at automatic teller machines; or as a debit card, linked to the client's bank account and able to be used for making purchases at the point of sale; or as a credit card attached to a revolving credit line ...
EMV contactless symbol used on compatible payment terminals. EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard.Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 11 November 2024. Electronic telecommunications device to perform financial transactions "ATM", "Cash machine", and "Money machine" redirect here. For other uses, see ATM (disambiguation), Cash machine (disambiguation), and Money machine (disambiguation). "Bancomat" redirects here. For Italian interbank ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 15 February 2025. Electronic telecommunications device to perform financial transactions Several terms redirect here. For other uses, see Cash machine (disambiguation), Money machine (disambiguation), and ATM (disambiguation). An old Nixdorf ATM Smaller indoor ATMs dispense money inside convenience ...
A snack food vending machine made in 1952 Newspaper vending machines in Munich, Germany An automobile parking ticket machine in the Czech Republic. A vending machine is an automated machine that dispenses items such as snacks, beverages, cigarettes, and lottery tickets to consumers after cash, a credit card, or other forms of payment are inserted into the machine or payment is otherwise made. [1]
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