| Kiosk
ki·osk
n.
1. A small open gazebo or pavilion.
2. A small structure, often open on one
or more sides, used as a newsstand or booth.
3. A cylindrical structure on which advertisements
are posted.
Modern definition
The more modern definition of kiosk refers
to public terminals that offer anything
from Internet access to travel information
to ATM services. Electronic kiosks require
a simple user interface and rugged hardware.
Touchscreens enable a user to enter and
display information without the need
for a mouse or keyboard. Alternative input
methods must be considered, however, for
those who can’t use touchscreens,
such as people with physical disabilities.
Kiosk Browser
A kiosk browser is a more secure and customizable
Internet web browser. Kiosk browsers are
of use to public Internet access sites such
as schools, libraries, or even retail stores
and Internet cafes.
The kiosk browser easy allows an administrator
to configure restricted access Web sites,
limit or disallow file downloads, customize
the toolbar with company logos, and additional
features. Many kiosk browsers also allow
you to deny access to the desktop of a public
computer, and include an integrated e-mail
client. For Internet cafes and other pay
per usage terminals, a kiosk browser may
also include a time logger that will automatically
limit the amount of time a user can spend
online, determined by the amount they have
pre-paid to use the system.
Kiosk Integrators
Kiosk Integrators are businesses who assemble
a kiosk based upon the requirements of the
deployer for various types of installations
for hotels, casinos, offices, banks and
other retail spaces.
Kiosk Keyboard
A keyboard designed to withstand liquid
spills and dust specifically in public areas.
Kiosk keyboards are more robust than standard
computer keyboards and often have buttons
removed for security reasons.
Master Card (MC)
is very much like VISA. There are some differences
that are important to those in the industry,
but from the consumers standpoint they operate
pretty much the same.
Merchant Acquiring
The process and the management of the risk
associated with getting higher turnover
but lower risk merchants on to a credit
card processor’s network. The credit
card Processor (the banking entity responsible
for processing the payment) may not be the
same entity as the Acquirer (of risk).
Merchant Boarding
Indicates the paperwork required to ‘board
a merchant’ onto a credit card processor
network, simply for the merchant (a retail
store for example) to sign up with a processor’s
network for processing card payments.
The paperwork is an important part of
the management of merchant risk. The Merchant
obtains the Merchant Account from a Sponsoring
Bank or an Acquiring Bank (aka Merchant
Banks) through an ISO. Merchant banks ‘sponsor’
the merchant as a business qualified to
accept credit cards.
Merchant Fraud
There are many urban rumors of merchants
imprinting a card multiple times while the
cardholder isn't looking, and then running
through a bunch of charges after the cardholder
leaves. I don't know of any case where this
is an official policy of a merchant, but
this is certainly one technique a dishonest
cashier could use.
The cashier can then take home a bunch
of merchandise charged to your account.
Although some people are afraid of this
happening in a restaurant, where a waiter
takes your card away for a while, it's actually
less likely there, since there isn't anything
the waiter can charge against your card
and take home.
A merchant could also make copies of charge
slips, to sell the PANs to other crooks.
(See above for use of PANs.) Most credit
card investigation departments are sensitive
to this possibility, and catch on real fast
if it's happening just by looking at usage
history of cards with fraudulent charges.
A merchant is also in a position to create
many false charges against bogus numbers,
to attempt to defraud the acquirer or issuer.
These schemes are usually not too effective,
since acquirers generally respond very quickly
to an unusual number of fraudulent transactions
by tightening restrictions on the merchant.
Money Order
A money order is a payment order for a pre-specified
amount of money. It is a more trusted method
of payment than a personal check, because
funds have to be prepaid for the amount
shown on it. Merchants (who usually have
no recourse in the event that a personal
check may bounce) welcome the extra security
that money order provides. The US post office
issues money
orders however money orders have an upper
limit. A similar product with no upper limit
is a certified check (or bank draft) that
is issued by a bank on behalf of an account
holder.
Money Transfer
May be referred to as wire transfer or telegraphic
transfer (TT), essentially means either
the bank to bank transfer of funds or using
Western Union’s network. It is the
fastest way to transfer funds internationally
between bank accounts.
Monitoring
Without careful management, most enterprise
monitoring systems tend to become less efficient.
Monitoring a network that includes a diverse
set of devices such as ATMs, POS, thinclients
and their backend infrastructures often
requires extensive, costly and time-consuming
development and
customization. This does not include subsequent
maintenance and upgrade costs. The cost
structures for operating large networks
of financial service devices can become
prohibitive.
MonitorNox™ from
Infonox remotely manages and heals devices
and is ideally suited for creating highly
available self-service systems.
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