Payment terminal

{
  "id": "MLC-T-IND-004178",
  "term": "Payment terminal",
  "field": "Industrial and trades",
  "definition": "A point-of-sale device that interfaces with payment cards to make electronic fund transfers. It reads information from a credit card's chip or magnetic stripe, or via a contactless method like near-field communication, and then encrypts the data for transmission to a payment processor. These terminals must comply with security standards such as the Payment Card Industry Data Security Standard (PCI DSS) to protect cardholder data.",
  "synonyms": [
    "credit card terminal",
    "POS terminal"
  ],
  "subject": "Industrial electronics",
  "translations": {
    "de": "Zahlungsterminal",
    "es": "terminal de pago",
    "fr": "terminal de paiement"
  },
  "url": "https://mlchart.com/terminology/industrial/payment-terminal/"
}