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  4. Credit card - Wikipedia

    en.wikipedia.org/wiki/Credit_card

    A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). [1] The card issuer (usually a bank or credit union) creates a revolving account and ...

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  6. E-commerce payment system - Wikipedia

    en.wikipedia.org/wiki/E-commerce_payment_system

    Methods of online payment. There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily.

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  8. Payment terminal - Wikipedia

    en.wikipedia.org/wiki/Payment_terminal

    A payment terminal, also known as a point of sale (POS) terminal, credit card terminal, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly" [1] ), is a device which interfaces with payment cards to make electronic funds transfers. The terminal typically consists of a secure keypad (called a PINpad) for ...