Loyalty Points

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.

Landing Page

The first page you see when you click a link, often designed to get you to do one specific thing.

Laptop

A portable computer with a built-in screen, keyboard, and trackpad that runs on a battery.

Large Language Model (LLM)

An AI system trained on vast amounts of text that can generate, summarise, and answer questions in natural language.

Latency

The delay between sending a request on the internet and receiving a response.

Launcher (Android)

The app that controls the appearance and organisation of your Android home screen.

Lazy Loading

A technique where images and content only load when you scroll down to them, speeding up initial page load.