Term

CPoC

Payments NFC Terminal SoftPOS

Contactless Payments on COTS

Contactless Payments on COTS (CPoC) - Also called Tap on Phone without PIN. Lets a smartphone act as a payment terminal to accept tap transactions without a PIN.

Related Terms

COTS

Commercial Off-The-Shelf (COTS) - A mobile device (smartphone or tablet) designed for mass distribution. In the payments context, COTS is the platform that runs payment-acceptance apps without dedicated hardware.

MPoC

Mobile Payments on COTS (MPoC) - Also called Tap on Phone with PIN. A PCI standard that lets a smartphone accept payments with PIN authentication, improving security over CPoC.

Contactless Payment

Contactless Payment - A payment method that lets users buy goods and services with a debit/credit card or mobile device via NFC, without inserting the card or entering a PIN.

CPoC, COTS, and MPoC — What's the Difference?

Comparing three core concepts in SoftPOS payments: COTS is the hardware platform, while CPoC and MPoC are two payment-acceptance standards built on top of it.