EFTPOS is the automatic debiting of a purchase price from a customer's bank or credit-card account through a computer link between the checkout till and the bank or credit-card company, often involving chip-and-PIN systems for secure transactions.
An electronic signature is a method for sending identity verification through the Internet, usually in connection with a contract or other type of agreement. The method involves some type of security measure, such as use of a Personal Identification Number (PIN), to indicate the approval of the individual agreeing to the transaction.
A multifunctional card is a versatile plastic card issued by banks or building societies, designed to perform multiple financial transactions such as debit card, cash card, and cheque card functions, facilitating easy access to various banking services using a personal identification number (PIN).
A Personal Identification Number (PIN) is a numeric password used for securing transactions and verifying the identity of the cardholder in various financial systems such as ATMs and point-of-sale terminals.
A Personal Identification Number (PIN) is a numeric password used to authenticate a user to a system, providing an additional layer of security beyond just a username or ID.
