The software-only point of sale (SoftPos) enables acceptance of contactless payments made with plastic card and any of its virtual equivalents added to Google Pay, Apple Pay, wearables or proprietary HCE wallets.
QR Payment
QR code payments are made via the customer's smartphone when they scan the code. Once scanned, they get taken to a payment page where they'll have the option to enter their chosen payment details or use a mobile payment solution.
Crowdfunding Platform
Website that enables interaction between fundraisers and the crowd. Financial pledges can be made and collected through the crowdfunding platform. Fundraisers are usually charged a fee by crowdfunding platforms if the fundraising campaign has been successful.
EMV Kernels
(VISA, MASTERCARD, AMEX, Pure)
An EMV kernel is a set of functions that provides the processing logic and data that is required to perform an EMV contact or contactless transaction. The kernel is a part of the terminal payment application supporting EMV functionality and is included in the EMVCo Level 2 approval process.
Digital Payment
A digital payment, sometimes called an electronic payment, is the transfer of value from one payment account to another using a digital device such as a mobile phone, POS (Point of Sales) or computer, a digital channel communications such as mobile wireless data or SWIFT (Society for the Worldwide Interbank Financial
PMO
(Project Management Office)
A project management office (PMO) is a group, agency or department that defines and maintains the standards of project management for a company. The PMO retains the documentation and metrics for executing projects and is tasked with ensuring projects are delivered on time and within budget.
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