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)

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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