Credit Card Glossary: Terms and Definitions
Payment transactions that require no physical contact between the consumer’s payment device and the physical terminal. To make this type of payment, the consumer holds the contactless card, device, or mobile phone close to the terminal and payment information is communicated wirelessly via radio frequencies.
Terms from A-Z
Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and definitions.