Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Term	Definition
Card Present (CP)	A card-present (CP) transaction is one that's made with a physical credit or debit card rather than by conveying the card information. Card-present transactions include those made by inserting the card into a payment terminal to scan the EMV chip as well as those made using contactless cards. Due to the added security of these payment methods, card-present transactions don't expose merchants to liability for fraud as much as card-not-present (CNP) transactions do.

Term

Definition

Card Present (CP)

A card-present (CP) transaction is one that's made with a physical credit or debit card rather than by conveying the card information. Card-present transactions include those made by inserting the card into a payment terminal to scan the EMV chip as well as those made using contactless cards. Due to the added security of these payment methods, card-present transactions don't expose merchants to liability for fraud as much as card-not-present (CNP) transactions do.