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  2. E-commerce payment system - Wikipedia

    en.wikipedia.org/wiki/E-commerce_payment_system

    There are varied types of electronic payment methods such as online credit card transactions, e-wallets, e-cash and wireless payment system. [5] Credit cards constitute a popular method of online payment but can be expensive for the merchant to accept because of transaction fees primarily. Debit cards constitute an excellent alternative with ...

  3. Mondex - Wikipedia

    en.wikipedia.org/wiki/Mondex

    Mondex was a smart card electronic cash system, implemented as a stored-value card and owned by Mastercard . Pioneered by two bankers from NatWest in 1990, it was spun-off to a separate consortium later on, then sold to Mastercard. Mondex allowed users to use its electronic card as they would with cash, enabling peer-to-peer offline transfers ...

  4. Add, edit, or delete a payment method for AOL services

    help.aol.com/articles/update-your-payment-method

    If your card number has changed, you must add a new card. 1. Sign in to your My Account page. 2. Click My Wallet. 3. Click Payment Methods. 4. Click Add Credit or Debit Card. 5. Enter the new info. 6. Click Submit.

  5. Contactless payment - Wikipedia

    en.wikipedia.org/wiki/Contactless_payment

    Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for making secure payments. The embedded integrated circuit chip and antenna enable consumers to wave their card ...

  6. Digital wallet - Wikipedia

    en.wikipedia.org/wiki/Digital_wallet

    A digital wallet, also known as an e-wallet or mobile wallet, is an electronic device, online service, or software program that allows one party to make electronic transactions with another party bartering digital currency units for goods and services. This can include purchasing items either online or at the point of sale in a brick and mortar ...

  7. Digital currency - Wikipedia

    en.wikipedia.org/wiki/Digital_currency

    It can be linked to a bank account, credit/debit card or have a loaded value to limit the amount of loss in case of a security breach. Credit cards and non-major debit cards incur a 3% processing fee. [31] On 19 September 2011, Google Wallet released in the United States to make it easy to carry all one's credit/debit cards on a phone. [32]

  8. Secure Electronic Transaction - Wikipedia

    en.wikipedia.org/wiki/Secure_Electronic_Transaction

    Secure Electronic Transaction (SET) is a communications protocol standard for securing credit card transactions over networks, specifically, the Internet.SET was not itself a payment system, but rather a set of security protocols and formats that enabled users to employ the existing credit card payment infrastructure on an open network in a secure fashion.

  9. Payment processor - Wikipedia

    en.wikipedia.org/wiki/Payment_processor

    Payment processor. A payment processor is a system that enables financial transactions, commonly employed by a merchant, to handle transactions with customers from various channels such as credit cards and debit cards or bank accounts. They are usually broken down into two types: front-end and back-end. Front-end processors have connections to ...

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