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The system has already been certified in the past on different platforms
The system is already deployed on the field in major markets
The system is versatile and may be adapted to any Level 3 contexts
The system’s version that is purchased is maintained against the very last specs and frequent test plans
Terms
Term | Definition |
|---|---|
Acceptor | Card acceptor or acceptor is an entity accepting payment related cards. |
Acquirer | A financial or related institution acquiring card payment transactions and performing the settlement for merchant accounts. |
Cardholder | The person who presents the card to the acceptor for provision of goods or services. The cardholder signs the agreement with the card issuer to use a card linked to an account. |
POI | Point-Of-Interaction See also Acceptor, Payment terminal, Payment System |
POS | Point-Of-Sales |
Processor | An entity acquiring card payment transactions. Can be an Third-Party Agent or an Acquirer. |
Sale System | See also Point-Of-Sales. |
TMS | Terminal Manager System. An entity responsible for the maintenance and the monitoring of the a payment terminals estate. |
1. Standard Project steps
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