Entity responsible for enabling merchants to accept card-based payments. Often also responsible for processing payment transactions on behalf of merchants.
Software application that runs on a mobile device. May be downloaded by the consumer from an online app store or preloaded on a device (a native app).
On-device middleware and support services to integrate NFC payments and other credentials into consumer mobile apps.
Digital distributor of applications for mobile devices.
Software application that runs on a secure element, typically in a GlobalPlatform environment. May be downloaded by a TSM or an authorized agent or pre-loaded on the secure element.
Validationg the identity of a system, device or person before permitting an action to be performed. Example: confirming the identity of a phone to the wireless network.