6/5/2023 0 Comments Emv card machineE-commerce payments, whether on merchant's web sites, or in merchant's mobile apps, are majority of online payments. Online payments refer to Card Not Present (CNP) transactions. Sometimes they are also called in-store payments, in-person payments, etc., but vending machine is offline payments where no store or person are present. Loosely, offline payments are Card Present (CP) payments. Offline payments refer to, generally, where the card is present at the time of payment, usually inserted (Chip), swiped (Magnetic stripe), tap (contactless) at the payment terminal. The most obvious usage is to describe through which channel the payment is done. They mean different things in different context. When EMV card processing is discussed, one confusing usage of terminology is Online vs Offline.
0 Comments
Leave a Reply. |