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Air Miles / Points Miles

Reward points earned from spending on credit cards or flying that can be redeemed for flight upgrades or free tickets.

Bank Transfer

Moving money from one bank account to another electronically.

Buy Now Pay Later (BNPL)

A payment option allowing you to receive goods immediately but pay in instalments over time.

Cashback

A reward where a percentage of what you spend is returned to you as cash or credit.

Central Bank Digital Currency (CBDC)

A digital form of a country's official currency issued by its central bank.

Chargeback

A reversal of a credit card payment initiated by the bank after a dispute with a merchant.

Cache

Temporary files stored to help websites load faster.

Call Forwarding

Redirecting incoming calls from one number to another automatically.

Caller ID

A feature that displays the name or number of someone calling you before you answer.

CAPTCHA

A test on a website to check you are a human and not an automated programme, such as identifying objects in photos.

Caption

Text written below a photo or video on social media to describe or add context to it.

Cashback

A reward where a percentage of what you spend is returned to you as cash or credit.