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  2. Virtual terminal (payment processing) - Wikipedia

    en.wikipedia.org/wiki/Virtual_terminal_(payment...

    A virtual terminal is a software application (often a web application) for merchants which allows them to accept payment with a payment card, specifically a credit card, without requiring the physical presence of the card (“card not present transaction”).

  3. Payanywhere - Wikipedia

    en.wikipedia.org/wiki/Payanywhere

    Payanywhere’s payments platform allows merchants to accept credit and debit card payments on a smartphone or tablet (Storefront) while also enabling them to view reporting, send and receive invoices, accept online payments through a virtual terminal, and manage employees, customers, and inventory.

  4. Square (financial services) - Wikipedia

    en.wikipedia.org/wiki/Square_(financial_services)

    Square Terminal features a display, prints receipts, and accepts chip, swipe, and contactless payments. [42] Unlike the basic card reader, it does not require a phone or tablet. It is more affordable than Square Register. It was designed to replace the older credit card terminals encountered in many stores.

  5. Host card emulation - Wikipedia

    en.wikipedia.org/wiki/Host_card_emulation

    The term "host card emulation" (HCE) was coined in 2012 by Doug Yeager and Ted Fifelski, the founders of SimplyTapp, Inc., to describe the ability to open a communication channel between a contactless payment terminal and a remotely hosted secure element that contains financial payment card data, to pay at the point-of-sale. [2]

  6. 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.

  7. Merchant account - Wikipedia

    en.wikipedia.org/wiki/Merchant_account

    A qualified rate is the percentage rate a merchant will be charged whenever they accept a regular consumer credit card and process it in a manner defined as "standard" by their merchant account provider using an approved credit card processing solution. This is usually the lowest rate a merchant will incur when accepting a credit card.

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