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  2. Card scheme - Wikipedia

    en.wikipedia.org/wiki/Card_scheme

    A payment gateway is a key party, responsible for online transactions, passing card data from consumer to merchant, and to a relevant bank through the card scheme. The process usually takes place at POS terminals in retail locations, or by means of online payment services for websites .

  3. UnionPay - Wikipedia

    en.wikipedia.org/wiki/UnionPay

    UnionPay decal on the door of a dining hall in Chiba, Japan. With the approval of the People's Bank of China (PBOC), China UnionPay was launched on 26 March 2002, in Shanghai by PBOC governor Dai Xianglong, The Industrial and Commercial Bank of China, the Agricultural Bank of China, the Bank of China and the China Construction Bank served as its first members. [6]

  4. Card association - Wikipedia

    en.wikipedia.org/wiki/Card_association

    Familiar payment card association brands include UnionPay, RuPay, American Express, Discover, Diners Club, Troy and JCB. While once card associations, Visa and Mastercard have both become publicly traded companies. [1] [2]

  5. Payment card industry - Wikipedia

    en.wikipedia.org/wiki/Payment_card_industry

    The payment card industry consists of all the organizations which store, process and transmit cardholder data, most notably for debit cards and credit cards.The security standards are developed by the Payment Card Industry Security Standards Council which develops the Payment Card Industry Data Security Standards used throughout the industry.

  6. Card reciprocal agreements - Wikipedia

    en.wikipedia.org/wiki/Card_reciprocal_agreements

    Only BC Global Cards applied. Local BC Cards are not accepted outside South Korea. Diners Club: Discover; JCB (Japan Only) RuPay (India Only) UnionPay (China Only) BC Card (South Korea Only) TROY (Turkey only) Excludes United States & Canada issued cards, which are MasterCard cards. [5] Discover: Diners Club; JCB [6] (Japan Only) RuPay [7 ...

  7. UnionPay (application) - Wikipedia

    en.wikipedia.org/wiki/UnionPay_(application)

    The UnionPay app was launched on 11 December 2017, which was merged from the old UnionPay app and UnionPay Wallet (Chinese: ι“Άθ”ι’±εŒ…).Following that, the app has trailed in popularity behind its two major competitors, however, in 2021, the mandate by the Ministry of Industry and Information Technology (MIIT) to open up the "walled garden" ecosystems of the major tech companies, has allowed ...

  8. BancNet Payment System - Wikipedia

    en.wikipedia.org/wiki/BancNet_Payment_System

    In reality, though there is very little overlap in their respective constituencies given that 50% to 60% of all ATM cards issued in the country are for payroll. Cash is the true competition of electronic payment systems. According to a study by Intuition, commissioned by Visa Asia-Pacific, cash still accounts for 80% of all transactions in the ...

  9. Payment terminal - Wikipedia

    en.wikipedia.org/wiki/Payment_terminal

    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.