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Glossary

Google Pay

Google’s wallet that tokenizes cards for contactless, in-app, and web payments.

POSE-Commerce

Google Pay holds cards and issues tokens for NFC, in-app, and web checkout. It relies on network tokenization and the underlying card networks to authorize.

For merchants, costs match the underlying credit or debit rails, with potential approval lifts from fresher credentials and device-based authentication.

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Related terms

Keep learning with these nearby definitions.

Acquirer
Bank or payment institution that signs merchants and routes their card transactions into the card networks.
Apple Pay
Mobile wallet by Apple that tokenizes cards for contactless and in-app payments.
Card Fraud
Unauthorized card use or theft of credentials to initiate transactions.
Card Network
Payment network (e.g., Visa/Mastercard) that sets rules and routes card transactions between issuers and acquirers.
Google Pay