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  2. Payment terminal - Wikipedia

    en.wikipedia.org/wiki/Payment_terminal

    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. The terminal typically consists of a secure keypad ...

  3. Credit card information: The basics you need to know - AOL

    www.aol.com/finance/credit-card-information...

    Printed on a credit card, you'll find the card number, the cardholder’s name, when the card expires and the card's security code — all the details you need to make purchases online or in ...

  4. Key management - Wikipedia

    en.wikipedia.org/wiki/Key_management

    The bank or credit network embeds their secret key into the card's secure key storage during card production at a secured production facility. Then at the point of sale the card and card reader are both able to derive a common set of session keys based on the shared secret key and card-specific data (such as the card serial number). This method ...

  5. Card Transaction Data - Wikipedia

    en.wikipedia.org/wiki/Card_Transaction_Data

    Card transaction data is financial data generally collected through the transfer of funds between a card holder's account and a business's account. [1] It consists of the use of either a debit card or a credit card to generate data on the transfer for the purchase of goods or services. Transaction data describes an action composed of events in ...

  6. Accounts payable - Wikipedia

    en.wikipedia.org/wiki/Accounts_payable

    Householders usually track and pay on a monthly basis by hand using cheques, credit cards or internet banking. [citation needed] Internal controls. A variety of checks against abuse are usually present to prevent embezzlement by accounts payable personnel. Separation of duties is a common control. In countries where cheques payment are common ...

  7. Automated teller machine - Wikipedia

    en.wikipedia.org/wiki/Automated_teller_machine

    Customers are typically identified by inserting a plastic ATM card (or some other acceptable payment card) into the ATM, with authentication being by the customer entering a personal identification number (PIN), which must match the PIN stored in the chip on the card (if the card is so equipped), or in the issuing financial institution's database.

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