Credit Card Processing Glossary

The most common credit card processing terms

Credit Card: A payment card that is issued by a bank in order to purchase goods or services on credit. -D-. Debit Card: A card your customer uses to access ...

A Guide to Credit Card Terminology: Glossary of Payment Terms

A Card Not Present (CNP) transaction is a card payment where the physical card is not presented to the merchant. This often means that the ...

Glossary of E-commerce Merchant Services Terms | MSNI

An Acquirer is a Visa / Master Card Affiliated Bank or Bank/Processor alliance that is in the business of processing credit card transactions for businesses.

Payment Terms Glossary - Infinicept

A term used by the payment facilitator or acquirer to refer to processing disputes and discrepancies on behalf of a merchant. Acquiring Banks.

Support & Resources - Glossary of Terms - Crescent Processing

A credit card transaction in which the card is not physically present. It can refer to accepting credit cards via the Internet, by fax, mail, or telephone.

Glossary of Payment Processing Terms

Debit cards utilize the payment card networks in the same manner as a credit card. Debit Network: Financial network that allows debit cardholders to make ...

Payments Processing Terms Glossary - SwipeSum

Payment Processing Terms and Definitions · Merchant Acquirer · Merchant Services Provider · Merchant Account Provider · Voice Authorization · Virtual Shopping Cart.

Payment Processing Definitions in the Credit Card Processing Industry

A glossary for payment processing, accepting credit cards, and general payment industry terms. Acquirer A financial institution that processes credit card and ...

Payment Processing Terminology Glossary for Merchants

A code provided by the payment processor to indicate that a transaction has been approved. Authorization. The process of verifying that a transaction can be ...

Glossary | Merchant Services Provider | Equity Payment, Inc.

Payment Methods, Clover Point of Sale (POS), eCommerce Processing, Mobile Processing, Mail Order/Telephone Order (MOTO), Partners, Employment Opportunities, ...

Glossary - Merchant Risk Council

A payment processing system comparison of the numerical portions of billing and shipping addresses with the addresses on file at the credit card-issuing bank.

Payments Glossary | Transaction Processing 101

Acquirer (acquiring bank, merchant bank) – A federally chartered bank institution that sponsors merchants for the acceptance of credit card ...

Merchant Account Glossary - SecureGloblaPay - -- - SecureGlobalPay

The credit card processing entity with which an Acquirer partners in order to provide merchants with transaction clearing, settlement, billing and reporting ...

Credit Card Glossary: Terms and Definitions | CreditCards.com

Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and ...

Payment Processing and FinTech Glossary of Terms.

Payment transaction processing based on a mobile device, especially a smartphone or internet connected tablet device such as Androids or Apples iPad. Also used ...

Glossary - Payment Processing Terms - 0 Merchant

ABA Routing Number, ACH / Automated Clearing House, AMEX Account Number, Acquiring Bank/Merchant, Bank Adjustments, Affinity Card Associations / Card Brands.

A Glossary of Payment Terms - Blog - Basis Theory

This (admittedly incomplete!) glossary is intended to help you untangle its complicated ways and build your knowledge and confidence.

Glossary of Payment and Information Security Terms

payment card to the cardholder. Business Need-to-Know. The principle that access to systems or data is granted by a user's business need— ...

Payments Glossary: Definitions & Terminology | Solidgate

Alternative Payment Methods (APM) refer to non-traditional forms of payment beyond credit and debit cards, providing customers with diverse options for ...

A Comprehensive Guide to Payment Processing Terminology.

A financial institution or bank that processes credit or debit card transactions on behalf of a merchant. 3. Authorization: The process of ...