WORLDLINE_REGISTRATION_DOCUMENT_2017

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Appendix Definitions

“CSM”

Clearing and settlement mechanism.

Physical site used to house the equipment comprising a business’s information system (central computers, servers, storage facilities, network and telecommunications equipment, etc.). Analysis of data with a view to deriving knowledge and understanding from vast amounts of data by means of a variety of automatic and semi-automatic methods and techniques. Financial service in which holders of credit cards have the cost of a transaction converted to their local currency when making a payment in a foreign currency. Refers to Internet banks offering their customers remote banking services, without using tellers or physical branches for carrying out their transactions. The sale or purchase of goods or services by a business, an individual, a governmental authority or any other public or private organization, carried out through a computer network. The use of digital technologies (often by Internet) to provide government services. A device for storing currency without any need for a bank account, and for making direct online payments through a payment terminal. By extension, a device permitting unique and user-friendly access to several payment solutions (for example, credit cards or debit cards). Europay - MasterCard - Visa. International standard governing payment cards with chips as well as the performance of payment terminals. EMV cards and terminals must be certified pursuant to the procedures required by EMV Co, the supervisory body for the EMV standard. Application of mathematical theory to create techniques and algorithms to be applied to data to ensure its confidentiality, integrity and/or authentication, for example. Means of performing commercial transactions for the exchange of goods or services on the Internet. Electronic system enabling the issuance, verification and payment of tickets, in particular in the area of public transportation. Virtual representation of a physical smart card using software on a mobile telephone. Electronic equipment providing security services consisting of the generation, storage and protection of encryption keys. The amount that the acquiring bank (the merchant’s counterparty) must pay to the issuing bank (the bank that issued the card to the cardholder) each time the card is used for a customer’s payment to a merchant. Internet of Everything. Connection of people, systems and objects by computer network. e-Payment or m-Payment. A consumer who carries out transactions using digital technologies.

“data center”

“data mining”

“DCC”/“dynamic currency conversion”

“e/m Payment”

“e-Banking” or “online banking”

“e-Commerce”

“e-Consumer” “e-Government”

“electronic wallet”/ “e-Wallet”

“EMV” 

“encryption”

“e-Payment” 

“e-Ticketing”

“HCE”/ “host card emulation” “HSM/hardware security module”

“Interchange fees”

“IoE”

Financial institution (or similar) that issues a card to a cardholder.

“issuer” / “issuing bank” “issuing processing”

Set of technical operations performed to carry out the issuer’s activity, which may be sub-contracted to a specialized company. Issuance of means of payment such as credit cards, debit cards and pre-paid cards.

“issuing”

Integrated Transport Smartcard Organization.

“ITSO” “kiosk”

An interactive terminal.

Legal entity authorized pursuant to the Payment Services Directive to provide payment services. Technology allowing for communications between machines without human intervention. The use of wireless technologies, more specifically mobile telephony technology, to conduct commercial transactions. Transaction carried out from a mobile telephone and charged to a credit or debit card, the operator’s invoice or an electronic wallet. Near-Field Communication. Short-range, high-frequency wireless communication technology permitting the exchange of information between devices up to a distance of approximately 10 centimeters.

“licensed payment institution”

“M2M”/ “machine to machine”

“m-Commerce” / “mobile commerce”

“m-Payment” / “mobile payment”

“NFC”

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Worldline 2017 Registration Document