Ad
related to: virtual payment terminals meaning in business administration system in bangladesh
Search results
Results From The WOW.Com Content Network
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”).
Unlike traditional point-of-sale setups, virtual POS systems eliminate the need for dedicated hardware, relying instead on software and internet connectivity. These systems are widely used across industries, from small businesses to global retailers, to streamline transactions and integrate with broader business operations with broader business operations.
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.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Pages for logged out editors learn more
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]
The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company
In open systems, a virtual terminal (VT) is an application service that: Allows host terminals on a multi-user network to interact with other hosts regardless of terminal type and characteristics, Allows remote log-on by local area network managers for the purpose of management,
Bangladesh Electronic Fund Transfer Network (BEFTN) is a Bangladeshi electronic fund transfer network between banks within Bangladesh. [1] Its main purpose is to transfer funds between bank accounts. [2] The network can settle debit and credits. Salary, bill, dividend, interest could be paid through the system.