Electronic Commerce
A Transaction that occurs when the Cardholder uses the Internet to make a purchase from a Merchant.
Electronic Draft Capture (EDC)
EDC is a Point-of-Sale Terminal that reads the information encoded in the magnetic stripe of Cards. These Terminals electronically Authorize and Capture transaction data, eliminating the need for a paper deposit.
Embossing
The process of printing data on a Card in the form of raised characters to allow the imprinting of Transaction Receipts.
Encrypting PIN pad (EPP)
A device for secure PIN entry and encryption in an unattended PIN acceptance device.
Encryption
A security or anti-fraud technique that scrambles data automatically in the Terminal before data is trasmitted. For example, PINs are encrypted when transmitted for Authorization.
EPP See Encrypting PIN pad.
Expired Card
A Card on which the embossed, encoded or printed expiration date has passed.
Extensible Markup Language (XML)
A metalanguage (a language to define languages) approved as a World Wide Web Consortium (W3C) recommendation in February 1998. A simplified version of Standard Generalized Markup Language (SGML), XML captures SGML's key advantages (such as extensibility) without its more obsecure features.
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