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8. Glossary

Electronic Cash Register (ECR) The combination of a traditional cash register and a POS
ExpressPay from American Express American Express contactless payment product that utilizes
MasterCard PayPass MasterCard's contactless payment product that utilizes
Point of Sale (POS) Refers to terminals used in retail stores with a magnetic stripe
Proximity Payments Payment method utilizing contactless technology such as RF,
Radio Frequency (RF) Any frequency that corresponds to radio signals, including
Visa Contactless Visa's contactless payment product that utilizes contactless
Symbol Explanations
EMV Contactless Symbol
terminal, often PC-based.
contactless technology.
Firmware Software that is embedded in a hardware device that allows
reading and executing the software, but does not allow
modification, e.g., writing or deleting data by an end user.
Example: Firmware is a computer program in a read-only
memory (ROM) integrated circuit chip. A hardware
configuration is usually used to represent the software.
Example: Firmware is a program embedded in an erasable
programmable read-only memory (EPROM) chip, which
program may be modified by special external hardware, but not
by an application program.
Fob A key chain device or other non-standard credit card sized form
factor that has an embedded radio frequency (RF) chip.
contactless technology.
NFC Near Field Communications.
NFC Phone Near Field Communications (NFC) phone. A technology that
enables communication between a secure element in a mobile
device and a contactless reader to make credit/debit payments.
Also see UICC.
PCI 5.x The Payment Card Industry Security Standards Council (PCI SSC)
mission is to enhance payment account data security. PCI 5.x is
a set of standards created by PCI SSC to increase the security of
card data.
reader, keyboard, display and autodialer modem or IP
connection, connected to the telephone/internet network and
used for on-line credit/debit authorization. Can also be
connected to a host computer, which handles all transaction
processing including item price look-up, data collection, and
credit/debit authorization.
Infrared (IrDA), or Near Field Communications (NFC).
those used by cellular telephones and wireless networks.
RF Reader The Point of Sale device that receives the RF transmission from
a card, fob or NFC phone.
technology.
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