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3 A B C D E F G H I J L M N O P Q R S T V W

Quick Payment Service (QPS)

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on Sep14

In places like fast food chains and movie theaters, merchants may use Quick Payment Service or QPS to speed up transactions. This means they are not required to collect a signature or print a receipt unless requested by the cardholder. In most cases, an existing POS terminal can be reprogrammed to be QPS-compatible.

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