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The electronic receipt or e-receipt is an electronic receipt of any product or service that was purchased. Implementation [ edit ] Digital receipts are normally sent via e-mail or via an app or via a scan of a QR-code that is displayed on a screen (cash register or payment terminal).
Electronic toll collection (ETC) is a wireless system to automatically collect the usage fee or toll charged to vehicles using toll roads, HOV lanes, toll bridges, and toll tunnels. [1] It is a faster alternative which is replacing toll booths, where vehicles must stop and the driver manually pays the toll with cash or a card.
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. The terminal typically consists of a secure keypad ...
Square Terminal features a display, prints receipts, and accepts chip, swipe, and contactless payments. [36] 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.
EMV. EMV is a payment method based on a technical standard for smart payment cards and for payment terminals and automated teller machines which can accept them. EMV stands for " Europay, Mastercard, and Visa ", the three companies that created the standard. [1] EMV cards are smart cards, also called chip cards, integrated circuit cards, or IC ...
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).
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