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  2. Unified Payments Interface - Wikipedia

    en.wikipedia.org/wiki/Unified_Payments_Interface

    Unified Payments Interface (UPI) Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.

  3. NETS (company) - Wikipedia

    en.wikipedia.org/wiki/NETS_(company)

    NETS Debit on various payment terminals (clockwise from top-left): Verifone VX520, Verifone VX820, Ingenico ICT250, Ingenico ISC250. Network for Electronic Transfers, colloquially known as NETS, is a Singaporean electronic payment service provider. Founded in 1986 by a consortium of local banks, it aims to establish the debit network and drive ...

  4. Cashless society - Wikipedia

    en.wikipedia.org/wiki/Cashless_society

    The move away from cash is attributed to banks convincing employers to use direct deposit in the 1960s, banks charging for checks starting in the 1990s, banks launching the convenient Swish smartphone-to-phone payment system in 2012, and the launch of iZettle for small merchants to accept credit cards in 2011. Research

  5. Automated teller machine - Wikipedia

    en.wikipedia.org/wiki/Automated_teller_machine

    The product was released as the Identikey. It was a card reader and customer identification system, providing a terminal with plastic card and PIN capabilities. The Identikey system consisted of a card reader console, two customer PIN pads, intelligent controller and built-in electronic interface package.

  6. Point of sale - Wikipedia

    en.wikipedia.org/wiki/Point_of_sale

    The point of sale ( POS) or point of purchase ( POP) is the time and place at which a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer ...

  7. Contactless payment - Wikipedia

    en.wikipedia.org/wiki/Contactless_payment

    EMV contactless symbol used on compatible payment terminals. EMV stands for "Europay, Mastercard, and Visa", the three companies that created the standard.Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for ...

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