payment terminals

Card-swiping checkout devices

Payment terminals are electronic devices that process card transactions at points of sale—the machines you tap, swipe, or insert your card into when buying something.

They communicate with banks and payment networks to authorize and complete purchases.

Common types include countertop terminals at registers, handheld wireless units used tableside at restaurants, and integrated systems built into self-checkout kiosks: The payment terminal prompted her to enter her PIN.

Opposites
payment method infrastructure

payment terminalscash transactions

Purchases made with bills

cash drawers · cash boxes · petty cash · money jars · honor system

transaction flow direction

payment terminalscash dispensers

Machines providing banknotes

ATMs · automated teller machines · cash machines · change machines

transaction method

payment terminalscash

Ready spending funds

paper money · coins · cash transactions · cash drawer · money box

Family

payment, payments, pays, paying, payable, payer, payers, payee, payees

Familiarity
Top 200,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G