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Glossary: 117 software-led payments terms to know

Payrix

A company releases its API to the public so that software developers can design products that are powered by its service. Point-of-sale developer A person concerned with researching, designing, implementing, and testing software; point-of-sale developers embed payment technology into point-of-sale systems.

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100+ Essential Payment & Funds Disbursement Acronyms

USIO

Core Payment Acronyms ACH Automated Clearing House RTP Real-Time Payments RTGS Real-Time Gross Settlement EFT Electronic Funds Transfer NACHA National Automated Clearing House Association POS Point of Sale PIN Personal Identification Number EMV Europay, Mastercard, Visa NFC Near Field Communication CVV Card Verification Value CNP Card Not (..)