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The Payment Services Directive is an EU Directive, administered by the European Commission  to regulate payment services and payment service providers throughout the European Union and European Economic Area .

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Near field communication, a technology allowing the short-range wireless intercommunication of mobile phones and other electronic devices for purposes such

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Electric Funds Transfer Point of Sale (EFTPOS)

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Electric Funds Transfer Point of Sale (EFTPOS)

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This is the payment system used with electronic fund transfers. An example of a device used could be a debit card.

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This an electric transfer of funds between one bank account to another.

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Peer-to-peer payments service developed by Google that allows people to send and receive money from a mobile device or desktop computer at no cost to either sender or receiver. When set up, a Google Wallet account must be linked to an existing debit card or bank account.

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Provides a convenient solution for any business looking to allow customers to purchase their products online with greater ease, therefore driving sales.

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Relating to or involving technologies that allow a smart card, mobile phone, etc. to contact wirelessly to an electronic reader, typically in order to make a payment.

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Mobile payments service and digital wallet app that utilizes Near Field Communication (NFC) to initiate secure payment transactions between contactless payment terminals and Apple iOS devices like the iPhone 6, iPhone 6 Plus and Apple Watch.