GLOSSARY
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ATM (Automatic Teller Machine)
ATM is a machine that is intended for cash withdrawal and other transactions with payment cards.
Charge
Paying off of one's whole outstanding card debt once in a specified period of time, most commonly once a month.
Credit card
A card that enables cardholders to have a certain amount of credit limit in accordance to the contract signed with their bank.
DinaCard
The national payment card - an instrument of non-cash payment, carrying the symbols of the DinaCard system (hologram and logo), and funcitioning in accordance with the General regulations of the system.
Debit card
A payment card, with immediate debit of cardholder's account after a transaction has been executed.
PIN (Personal Identification Number)
Personal number of a cradholder, by which he/she is identified when withdrawing cash on the ATM .
POS terminal (Point of sale terminal)
A terminal in a retail store, equipped with the software for accepting and processing transactions with payment cards.
Revolving credit
The type of credit (card) which enables cardholders to pay off a certain percentage of their outstanding card debt. Payments are made once in a specified period of time defined by the banks, usually once in 30 days.
Slip
A written receipt (bill) for the purchase made by a payment card.