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When a customer wants to pay with a card over the phone, a virtual terminal allows the person accepting payment (such as a call center agent) to enter the customer's credit card details to process the payment. Unlike when using a regular payment terminal, the presence of the payment card is not required.
In 2016, PAX announced a strategic partnership with Samsung to implement the Samsung Pay payment method in PAX payment terminals. [6] Later same year, PAX unveiled its first Android smart terminal. [7] As of October 2022, according to Nilson Report, PAX has become the second-largest global payment terminal provider. [8]
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.
A portable data terminal (PDT) is an electronic device that is used to enter or retrieve data via wireless transmission (WLAN or WWAN). They have also been called enterprise digital assistants ( EDA ), data capture mobile devices , batch terminals or just portables .
Linux, macOS, NetBSD, OpenBSD, Windows: Terminal program for Windows, Linux, OpenBSD, NetBSD, Mac OS X, and FreeBSD Telix: Character: Serial port: MS-DOS: Terminal emulator for MS-DOS (discontinued since 1997) Tera Term: Character: Serial port, Telnet, xmodem and SSH 1 & 2 Windows: Tera Term is an open-source, free, software terminal emulator ...
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]
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