ViVOpay VP8300 UserManual
8
4 Glossary
Electronic Cash Register (ECR)
The combination of a traditional cash register and a POS
terminal, often PC-based.
ExpressPay from American Express
American Express contactless payment product that utilizes
contactless technology.
Firmware
Software that is embedded in a hardware device that allows
reading and executing the
software, but does not allow modification, e.g., writing or
deleting data by an end user.
Example:
Firmware is a computer program in a read-only
memory (ROM) integrated circuit
chip. A hardware configuration is usually used to represent the
software.
Example:
Firmware is a program embedded in an erasable
programmable read-only
memory (EPROM) chip, which program may be modified by
special external hardware, but
not by an application program.
Fob
A key chain device or other non-standard credit card sized
form factor that has an
embedded radio frequency (RF) chip.
MasterCard PayPass
MasterCard's contactless payment product that utilizes
contactless technology.
MTBF
Mean time between failure. MTBF is the average time a device
will function before a failure.
NFC
Near Field Communications.
NFC Phone
Near Field Communications (NFC) phone. A technology where
RFID chips are embedded
in the back cover of a cell phone, such as the Nokia 3220, that
enables communication with
contactless readers to make credit payments.
POS
Point of Sale.
