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The SPVA glossary is provided to educate our members about the latest industry terms and definitions. Sorted in alphabetical order.

  • APCA — Australian Payments Clearing Association
  • Associate Member — SPVA membership is open to any person(s) who have products or solutions that interact with secure POS payment terminals
  • Australian Payments Clearing Association — APCA is the Australian payments industry's  principal self-regulatory body
  • Cartes Bancaires — In 1984, France established an interbank card payment and cash withdrawal system called "Groupement des Cartes Bancaires" (CB).  The CB system involves four stakeholders: cardholder,  merchant (or ATM), cardholder’s bank (issuer) and merchant’s bank or ATM bank (acquirer).
  • CB — Cartes Bancaires
  • Currence — Facilitates a competitive market and to create transparency in the uniform payment system in the Netherlands while preserving and continuing to develop the quality, security and efficiency of the uniform payment products
  • EMVCo — A global standard for credit and debit payment cards based on chip card technology
  • European Payments Council — EPC is the decision-making and coordination body of the European banking industry in relation to payments. The EPC develops the payment schemes and frameworks necessary to realise the Single Euro Payments Area (SEPA).
  • General Member — SPVA membership is open to any person(s) whose primary focus is the development of secure POS payment terminals. Member must have at least one payment terminal listed on the PCI-SSC “approved PIN Entry Device” web page at the following URL: https://www.pcisecuritystandards.org/security_standards/ped/pedapprovallist.html
  • Interac association — Responsible for the development and operations of the Inter-Member Network (IMN), a national payment network that allows Canadians to access their money through Automated Banking Machines and Point-of-Sale terminals across Canada
  • Management Committee — Consists of 5 Directors
  • PCI Data Security Standard — PCI DSS; is a set of comprehensive requirements for enhancing payment account data security
  • PCI DSS — PCI Data Security Standard; is a set of comprehensive requirements for enhancing payment account data security
  • PCI Security Standards Council — An open global forum for the ongoing development, enhancement, storage, dissemination and implementation of security standards for account data protection.
  • PED — PIN Entry Device
  • PIN Entry Device — PED
  • Secure POS Vendor Alliance — SPVA
  • SEPA — Single Euro Payments Area
  • Single Euro Payments Area — SEPA is an EU integration initiative in the area of payments designed to achieve the completion of the EU internal market and monetary union
  • SPVA — Secure POS Vendor Alliance
  • Technical Working Group — TWG
  • TWG — Technical Working Group