Ecommerce Terms
C
- Contactless Model 1
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Contactless Model 1 is the type of contactless card payment that you experience in a retail environment, like a shop. The products you are buying are totalled up by the cashier, or a self-service machine, and you pay the total on the screen with your contactless payment card. When paying in this way on a …
- Contactless Model 2
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Contactless Model 2 is the type of contactless card payment that you experience when you travel on public transport in some large towns and cities. A good example of this in the UK is London. Some Contactless Model 2 schemes require you to tap on when you board and then tap off when you get …
- Contactless Model 3
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In Contactless Model 3, a contactless EMV card or device is associated with a pre-purchased ticket and used to travel. Travelling on a Contactless Model 3 scheme would require you to tap an associated contactless card on a card reader before travel so the bus operator can confirm the card gives you the authority to …
- Tap & Cap contactless
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Tap & Cap is one of several names given to the type of Contactless Model 2 payment method. It allows you to simply “tap” your contactless payment card (or device) onto a reader at the start of your journey. What you are charged for the journey is calculated later and then automatically from your account. …
- TOTO (Tap On, Tap Off) contactless
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Tap On, Tap Off is one of several names given to a type of Contactless Model 2 payment method. It allows you to simply “tap” your contactless payment card (or device) onto a reader at the start of your journey and “tap” again on a reader when you complete your journey. What you are charged …
P
- PCI DSS (Payment Card Industry Data Security Standard)
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PCI is an industry standard designed to make it safer to use credit cards online by making sure that business collecting credit card data transmit and store it securely.
Q
- QR code (Quick Response code)
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The trademark for a type of matrix barcode (or two-dimensional barcode) first designed in 1994 for the automotive industry in Japan. A barcode is a machine-readable optical label that contains information about the item to which it is attached.
S
- SCA (Strong Customer Authentication)
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SCA is a requirement that electronic payments are performed with multi-factor authentication, to increase the security of electronic payments.
T
- Tap & Cap contactless
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Tap & Cap is one of several names given to the type of Contactless Model 2 payment method. It allows you to simply “tap” your contactless payment card (or device) onto a reader at the start of your journey. What you are charged for the journey is calculated later and then automatically from your account. …
- TOTO (Tap On, Tap Off) contactless
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Tap On, Tap Off is one of several names given to a type of Contactless Model 2 payment method. It allows you to simply “tap” your contactless payment card (or device) onto a reader at the start of your journey and “tap” again on a reader when you complete your journey. What you are charged …