Glossary of Terms

April '08 Interchange Rate Increase - (Nova Information Systems)
2/27/2008

ViVOtech first to be certified to support Discover Network - (ViVOtech Solutions)
8/2/2006

Debit Transactions on the Rise - (First Data)
8/1/2006

Fed won’t set interchange fees - (ATM Marketplace.com)
4/21/2006

7-Eleven intros second wave of Vcom ATM hybrids - (ATM Marketplace.com)
4/3/2006

Chase 'blink' Launches In Dallas-Fort Worth - (Payment News)
1/13/2006

HSBC To Issue American Express Credit Cards - (Payment News)
12/23/2005

The next generation of theft deterrence - (Convenience Store Decisions)
10/25/2005

MBNA America Bank launches contactless credit cards in Atlanta - (Contactless News)
10/17/2005

Signature Debit Fraud Runs 15 Times Higher Than on PIN Debit - (Digital Transaction News)
10/12/2005

U.S. Drug Store Chain To Accept Contactless Cards - (Card Technology)
9/6/2005

MasterCard Teams with Motorola to Test PayPass for Cell Phones - (Digital Transaction News)
12/10/2004

Royal Bank offers debit cards for U.S. shoppers - (Buffalo (N.Y.) Business First)
11/10/2004

Why More Merchants Are Adopting PIN Debit - (Digital Transaction News)
8/04/2004

Poll shows Americans enamored of the ATM - (ATM Market Place)
05/06/2003


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Glossary of Terms - G
These Terms Occur Frequently on Our Website

GPRS
See General Packet Radio Service.

General Packet Radio Service (GPRS)
GPRS is a packet-oriented overlay to Global System for Mobile Communications (GSM) networks supporting connection and connectionless-oriented services and diverse quality-of-service mechanisms. The theoretical maximum speed is 171.2 kilobits per second (Kbps), but real-life user throughput is expected to be 56 Kbps or less.

Graphical User Interface (GUI)
A graphics-based user interface that incorporates movable windows, icons and a mouse. The ability to resize application windows and change style and size of fonts are the significant advantages of a GUI vs. a character-based interface. GUIs have become the standard way users interact with a computer, and the major GUIs are the Windows and Mac interfaces along with Motif for Unix and the GNOME and KDE interfaces for Linux.