Get Started Latest News
 

Print this page

Glossary >>

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Terminal

A terminal is a device that a merchant uses to place a cardholder’s card into and transmit its details, including PIN authentication, to an acquiring bank for authorisation and receive the acquiring bank’s reply.

The UK Cards Association

The UK Cards Association is a trade body that gives credit, debit and charge card issuers, and merchant acquiring banks a forum where they can work together on non-competitive issues. It was formed in April 2009 as the successor body to the APACS Card Payments Group.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Footer