Payment Types

In places like fast food chains and movie theaters, merchants may use Quick Payment Service or QPS to speed up transact [...]

Offline processing is the concept of recording credit card transaction information for later processing manually or in [...]

Done through the use of infrared technology or radio frequency, a contactless transaction is one that does not involve [...]

Completed using a card in most cases, a contact transaction is one in which the card is either presented to a person [& [...]

Believed to provide increased transaction security, a chip-based transaction is one that is initiated by a chip embedde [...]

The process of charging goods or services to an account without actually presenting the card but using a mobile devoice [...]

A plastic card that can be used to purchase services or goods or to get cash from a deposit account. While these [&hell [...]

A plastic card that allows for purchases when cash is not present, a credit card allows access to a revolving credit li [...]

This kind of transaction made by a cardholder involves periodic payments on a regular basis like weekly, monthly or ann [...]

A term that can be used in reference to credit cards, debit cards, prepaid card and EBT cards, the indicator payment ca [...]

When a card is not physically present, this constitutes a non face-to-face transaction. This can include mail order pur [...]

An alternative to using paper checks, e-pay allows consumers to have funds withdrawn for bills and other transactions b [...]