Glossary of Terms

Cardholder

A person who has been given permission to use a card which allows them to do payments, for example a credit card or debit card.

CM.com POS Payment Platform

CM.com POS Payments's proprietary payment gateway/host that connects payment terminals with payment processors.

Customer

A party – reseller/partner or merchants – entering a contractual relationship with CM.com POS Payments.

Merchant

A party selling goods and owning stores that are using CM.com POS Payments's terminals for accepting card present transactions. The merchant can be a direct customer of CM.com POS Payments or a direct customer of one of CM.com POS Payments partners/resellers.

Terminal

A terminal is a device that has the ability to read credit/debit cards in at least one of the common methods (Swipe for magnetic stripe, insert for ICC or tap for NFC). A terminal runs a software application created by CM.com POS Payments to securely perform payment transactions.

Transaction types

The different flows the merchant supports. Purchase, refund and pre-authorization are the tree types commonly used in CM.com POS Payments ecosystem.