TERMINOLOGY provides cloud‑managed NFC tap‑to‑pay terminals and a mobile app that turn smartphones into secure payment devices.
Funding
Funding not disclosed
Founders
Product
Problem
Merchants and service providers often rely on bulky, legacy point‑of‑sale hardware or separate mobile apps to accept contactless cards and digital wallets, leading to high integration costs, limited flexibility, and fragmented payment experiences across retail, hospitality, field services, and unattended environments.
Solution
Terminology offers a portfolio of cloud‑connected NFC tap‑to‑pay terminals and a mobile app that turns smartphones into secure payment devices. The hardware lineup includes compact PCI‑certified devices for in‑store, kiosk, and mobile POS use, each supporting contactless cards, mobile wallets, and emerging tap‑to‑phone technologies. All terminals are EMV and PCI‑PTS certified and can be managed remotely through Terminology’s cloud platform, enabling firmware updates, compliance monitoring, and analytics without on‑site intervention. The company also provides Finance‑as‑a‑Service (FaaS) capabilities, allowing merchants to integrate payment processing, financing, loyalty, and other embedded financial services through modular, white‑label solutions.
Target Audience
Primary customers are merchants and service providers in retail, hospitality, field services, unattended kiosks, and government sectors that require flexible, secure, and cost‑effective contactless payment solutions.
Features
- Cloud‑managed NFC terminals (e.g., D‑CR100, D‑D35, D‑D60) with PCI‑PTS 6.x/7.x certification for secure contactless payments
- Mobile tap‑to‑pay app that converts any NFC‑enabled smartphone into a payment device
- Modular hardware options ranging from pocketable Android devices (L‑M10SE) to self‑service kiosks (T‑K1) and all‑in‑one card readers (I‑VP3350)
- Integrated Finance‑as‑a‑Service suite supporting payment processing, embedded finance, loyalty, and merchant capital
- Remote firmware updates, compliance monitoring, and analytics via a cloud platform
- Support for QR code payments, soft‑POS, and emerging tap‑to‑phone (SoftPOS) standards
- Compatibility with POS software, ERP systems, and payment gateways through SDKs and APIs