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Website:https://www.rambus.com/rambus-closes-sale-of-payments-and-ticketing-businesses-to-visa/
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Definitions (43)

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AMS


Asset Management System. Part of the back office data processing system (HOPS). The Asset Management System is responsible for the data modules within individual ticketing machines or Barriers (ISAMs)
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Authentication


When a card or terminal verifies that one another is genuine.
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Biometrics


The technique of studying physical characteristics of a person such as fingerprints, hand geometry eye structure or voice pattern.
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Card reader


An electronic device that reads the information stored on smart cards. They can be contact card readers, where the smart card is inserted for the chip to be read on contact.
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Closed loop payment


Also known as private label payment, where payments can be made to the specified provider, an ideal solution for brand loyalty cards.
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CMS


Card Management System, software that allows customers to issue and manage smart cards
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Contact smart card


A smart card that connects to the reading device through direct physical contact between the smart card chip and smart card reader, one example is chip and pin bank cards.
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Contactless smart card


Smart cards that require no physical contact between the card and the physical point-of-sale (POS) terminal. Where you tap the card on a terminal in the way you would an Oyster card at a gate.
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Dual interface card


A smart card that has a single smart card chip with two interfaces - a contact and a contactless interface - using shared memory and chip resources. Particularly useful when integrating legacy systems [..]
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EMV


Euro pay MasterCard Visa. Specifications developed by Europay, MasterCard and Visa that define a set of requirements to ensure interoperability between payment chip cards and terminals.
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