- In the UK the number of cards in issue with contactless functionality is 32.5 million, whil...
- In the UK the number of cards in issue with contactless functionality is 31.9 million, whil...
- In the UK the number of cards in issue with contactless functionality is 31.3 million, whil...
Glossary >>
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- Maestro
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A MasterCard debit card scheme enabling cardholders to make payments to participating merchants in the scheme.
- MasterCard
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An international card scheme.
- Merchant
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Any person, firm or corporation that has contracted with an acquiring bank to process transactions.
- Merchant Service Agreement
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An agreement between an acquiring bank and their merchant stating the terms and conditions on which the acquiring bank agrees that the merchant can accept card transactions.
- MiFare
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MiFare is an interface for contactless smart cards and smart card readers which used in the transport sector. The standard is owned by NXP Semiconductors, and is based on the ISO14443 standard.
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