Debit Card

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.

Dark Mode

A display setting that changes the background of apps and screens from white to dark, reducing eye strain in dim light.

Dark Pattern

A website or app design trick that nudges users into actions they did not intend, like accidentally signing up for a subscription.

Dark Web

A hidden part of the internet not accessible through regular browsers, often associated with illegal activity.

Data Backup

A copy of important files stored safely elsewhere.

Data Breach

When personal information is exposed without permission.

Data Cap

A limit on how much internet data you can use in a month before your speed is reduced or you are charged extra.