Glossary
What do the technical terms mean
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Payment does not have to be complicated. However, there are technical terms that are often not common.
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Payment card
A card (payment card) that enables the holder to make cashless payments for goods and services at affiliated contracting companies.
Which are the most important cards
Cash is increasingly being replaced by electronic means of payment. These include payment cards, which can now be used to make cashless payments at an increasing number of retailers and service providers. A distinction is made here between debit cards in conjunction with a checking account (Maestro card, V Pay, Deutsche Girocard), credit cards (Mastercard, Visa, American Express, Diners Club cards) and electronic purse cards (e-wallet), whose chip must first be loaded with credit.