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2. Merchant account - Wikipedia

   en.wikipedia.org/wiki/Merchant_account

   A merchant account is a type of bank account that allows businesses to accept payments in multiple ways, typically debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of payment card transactions. In some cases a payment processor, independent sales ...

3. QR code payment - Wikipedia

   en.wikipedia.org/wiki/QR_code_payment

   QR code payment. A QR code payment is a mobile payment method where payment is performed by scanning a QR code from a mobile app. [1] This is an alternative to doing electronic funds transfer at point of sale using a payment terminal. [2] This avoids a lot of the infrastructure traditionally associated with electronic payments such as payment ...

4. Payment terminal - Wikipedia

   en.wikipedia.org/wiki/Payment_terminal

   A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, 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 ...

5. Merchant services - Wikipedia

   en.wikipedia.org/wiki/Merchant_services

   Merchant services is a broad category of financial services intended for use by businesses. [1] In its most specific use, it usually refers to merchant processing services that enables a business to accept a transaction payment through a secure (encrypted) channel using the customer's credit card or debit card or NFC / RFID enabled device.

6. Square (financial services) - Wikipedia

   en.wikipedia.org/wiki/Square_(financial_services)

   In October 2018, the company introduced its Terminal product. [33] That Square began allowing merchants to develop custom interfaces for the platform, via an application programming interface. [34] Square Financial Services launched in 2021, based in Salt Lake City, after receiving FDIC and Utah Department of Financial Institutions approval. [35]

7. Payment gateway - Wikipedia

   en.wikipedia.org/wiki/Payment_gateway

   A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payment processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. [1] The payment gateway may be provided by a bank to its customers, but can be provided by a specialised ...