10
Cards with a chip Cards which store the information needed for electronic payment on a chip
must be inserted in the chip reader.
Cards with a
magnetic strip
Cards which store the information needed for electronic payment on a
magnetic strip must be pulled through the swipe reader.
CC Computer centre
CCC Credit card company
CrC Credit cards
CVC/CVV Card Verication Code /Card Verication Value number used to identify the
card.
EFT/POS Electronic fund transfer at the point of sale.
EMV Global specications from Eurocard, MasterCard and VISA based on a chip
card.
ep2 <EFT/POS 2000>, Swiss standard based on the EMV standard in electronic
payment trafc.
GPRS General Packet Radio Service (GPRS) is a packet-oriented transmission
service that is used in the eld of mobile telephone systems.
GSM Global Standard for Mobile Communications
Online transaction An online transaction is always directly authorised at the CCC.
Ofine transaction An ofine transaction is authorised in interdependence with the card and
terminal risk management (e.g. if the amount of the previous transactions is
less than the card limit or if the amount is less than the terminal oor limit
on the card, etc.).
PF PostFinance (Switzerland)
PIN Personal Identication Number
PIN-based
transaction
For a PIN-based transaction, the customer must enter his/her PIN at the
point of sale during the payment process.
PSW Password
PUK Personal Unblocking Key
Tip Tip
TRM Terminal
TRX Transaction
WLAN A Wireless Local Area Network is a “wireless” local radio network, which
generally refers to a standard within the IEEE 802.11 family.
2.5 Abbreviations/Information