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  2. Contactless payment - Wikipedia

    en.wikipedia.org/wiki/Contactless_payment

    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 ...

  3. Card-not-present transaction - Wikipedia

    en.wikipedia.org/wiki/Card-not-present_transaction

    Card-not-present transactions are a major route for credit card fraud, because it is difficult for a merchant to verify that the actual cardholder is indeed authorizing a purchase. If a fraudulent CNP transaction is reported, the acquiring bank hosting the merchant account that received the money from the fraudulent transaction must make ...

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!

  5. 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.

  6. RFID skimming - Wikipedia

    en.wikipedia.org/wiki/RFID_skimming

    A criminal can hide the scanner e.g. inside a glove or a bag, and then place it close to the victim and wirelessly steal the victim's payment card information. [2] With the wirelessly obtained payment card information, the criminal can use it to make fraudulent purchases online. [citation needed] This is called card-not-present fraud.

  7. Contactless smart card - Wikipedia

    en.wikipedia.org/wiki/Contactless_smart_card

    In a retail shop, however, it is advisable to remove the individual contactless card from the wallet when making a payment. At the very least this gives the cardholder the opportunity to communicate which card they intend to be used to make payment. It is an issue of the card identifying a subscription -v- payment by transaction.

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  9. SumUp - Wikipedia

    en.wikipedia.org/wiki/SumUp

    The card reader pairs with an Android or iOS-based smartphone or tablet via Bluetooth, to verify payments through the Internet. 3G Chip & Pin and NFC card terminal: SumUp's 3G card reader [19] that works without an app. It has a built-in SIM card with data to enable payment processing over a local network connection.

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