Glossary
POS (Point of Sale)

POS (Point of Sale)

POS (Point of Sale) refers to the physical or digital location where transactions occur, such as a checkout terminal or e-commerce checkout flow.

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Expiry Date (Card Expiry Date)

Expiry Date is the month and year printed on a payment card, indicating when the card becomes invalid and must be replaced.

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ZIP (Buy Now, Pay Later Provider)

ZIP is a buy now, pay later (BNPL) service offering instalment-based payments for online and in-store purchases.

Zeroisation

The secure deletion of cryptographic keys and sensitive data from hardware security modules (HSMs) or other secure devices to prevent unauthorised use.

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