Mobile paymentA mobile payment, also referred to as mobile money, mobile money transfer and mobile wallet, is any of various payment processing services operated under financial regulations and performed from or via a mobile device, as the cardinal class of digital wallet. Instead of paying with cash, cheque, or credit cards, a consumer can use a payment app on a mobile device to pay for a wide range of services and digital or hard goods.
Security tokenA security token is a peripheral device used to gain access to an electronically restricted resource. The token is used in addition to, or in place of, a password. It acts like an electronic key to access something. Examples of security tokens include wireless keycards used to open locked doors, or a banking token used as a digital authenticator for signing in to online banking, or signing a transaction such as a wire transfer.
Digital enhanced cordless telecommunicationsDigital Enhanced Cordless Telecommunications, usually known by the acronym DECT, is a standard primarily used for creating cordless telephone systems. It originated in Europe, where it is the common standard, replacing earlier cordless phone standards, such as 900 MHz CT1 and CT2. Beyond Europe, it has been adopted by Australia and most countries in Asia and South America. North American adoption was delayed by United States radio-frequency regulations. This forced development of a variation of DECT called DECT 6.
Contactless smart cardA contactless smart card is a contactless credential whose dimensions are credit-card size. Its embedded integrated circuits can store (and sometimes process) data and communicate with a terminal via NFC. Commonplace uses include transit tickets, bank cards and passports. There are two broad categories of contactless smart cards. Memory cards contain non-volatile memory storage components, and perhaps some specific security logic.
