| E |
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| EBT |
Electronic Benefits Transfer |
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| ECB |
Electronic code book |
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| EDAC |
Error Detection and Recovery |
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| EDI |
Electronic Data Interchange |
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| EEPROM |
Electrical Erasable Programmable Read-only Memory |
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| EMV |
Europay/MasterCard/Visa |
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| EMV ICC specifications |
Europay/MasterCard/Visa Integrated Circuit Card specifications
for payment systems |
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| EMV terminal specification |
Europay/MasterCard/Visa Integrated Circuit Card Terminal specifications
for payment systems |
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| EPROM |
Electrically Programmable Read-only Memory |
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| ETSI |
European Telecommunications Standards Institute |
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| Edge Burr |
Roughness on the edges of identification cards. For ISO standard
cards they must be less than 0.08mm in size(defined in ISO7810). |
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| EFTPOS |
Electronic Funds Transfer at the Point of
Sale. Any payment by a user at an Acceptor that is processed
electronically. |
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| e-commerce |
Electronic commerce – The ability to buy and sell products and
services over the Internet. Includes online display of goods and
services, ordering, billing, customer service and all handling
of payments and transactions. |
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| Electromagnetic Interference |
Interference to the operation of electronic equipment caused
by currents induced by external electromagnetic fields. |
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| Electronic Benefits Transfer |
Payment of social security benefits by electronic funds transfer. |
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| Electronic Cash (ecash) |
An application in which electronic value (cash) may be exchanged
by individuals, as opposed to individual to merchant. Value is
decremented as used. |
ACT Canada |
| Electronic Credit Transfer |
Paperless funds transfer, initiated by the payer. |
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| Electronic Directory |
On-line data base that cross-references one piece of information
with other information, e.g. parts lists, telephone directories
etc. |
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| Electronic Funds Transfer |
A funds transfer that is sent electronically, either by telecommunication
or written on magnetic media such as tape, cassette or disk. |
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| Electronic Funds Transfer at Point of Sale |
The technology and practice of making payments for goods or
services by means of electronic funds transfer initiated at the
point where the goods or services are purchased. |
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| Electronic Imaging |
The production of digitized images by opto-electronic means
not involving immediate photographic recording. |
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| Electronic Mail |
A service allowing a computer user to send messages instantaneously
to another user’s directory or mailbox. |
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| Electronic Payment Terminal |
A terminal accepting a payment instrument which results in
electronic funds transfer. |
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| Electronic Point of Sale |
A point of sale or point of service equipped with electronic
equipment for pricing and recording transactions but not necessarily
incorporating functions for electronic funds transfer. |
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| Electronic Purse |
An application in an ICC able to store and manipulate an electronic
value. |
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| Electronic Wallet |
Generally refers to integrated circuit card or super smart card
capable of executing a variety of financial transactions and identification
functions. More sophisticated than an electronic, purse, a wallet
may include debit, credit, cash card, and other functions. Some
people carry the analogy to a wallet further and envision a portable
device with LCD display keyboard and reader/writer for a variety
of cards. By this definition, the electronic wallet is a subset
of the personal digital assistant (PDA) category of computer products. |
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| Embossed Hologram |
An holographic image is embossed on special foil that can be
affixed to a plastic card. |
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| Embossing |
Raised characters on a plastic card. |
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| Emulator |
A program that allows one processor to simulate the instruction
set of another processor or an electronic device that achieves
this. |
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| Encipherment |
The process of transforming plaintext into ciphertext. |
ISO |
| Encoder |
System or equipment designed for the encoding of magnetic-striped
plastic cards used to activate an ATM. |
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| Encryption |
The use of cryptographic algorithms to encode clear text data
(e.g. PINs) to ensure that the clear text data cannot be learned. |
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| End Sentinel |
A character terminating the data characters on a magnetic track
and immediately proceeding the longitudinal redundancy check. |
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| EPROM |
Electronically Programmable Read-Only Memory. A non-volatile
memory technology that can be written to only once before being
erased using ultraviolet light, after which it may be written to
again. |
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| Error-correcting Code |
An error-detecting code designed so that certain classes of
detected errors can be corrected automatically. Note that not all
detectable errors are correctable. |
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| Error-Detective Code |
A digital code in which redundant bits are incorporated to allow
transmission error to be detected. |
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| Exception |
A transaction that is not processed by the accepted rules, procedures
and conditions. |
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| Expert System |
Computer system that has captured the expertise of one or more
experts. Codification of IF-Then rules that an expert would use. |
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| Expiration Date |
The time beyond which a card, account, or application is not
available for transaction use, unless an exception process is used
to gain permission. |
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