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Payments glossary


Glossary of billing and insurance terms - Mayo Clinic

The usual, customary and reasonable charge (UCR), also known as allowable or allowed amount, refers to the maximum amount that an insurance company is willing ...

Glossary of Terms | Business Payment Controls

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Glossary | University Student Financial Services

Glossary ... Capitalization: The addition of unpaid interest to the principal balance of a loan. When the interest is not paid as it accrues during periods of in- ...

Faster Payments Glossary of Terms

The U.S. Faster Payments Council Education & Awareness Work Group aggregated a list of faster payments industry terms in the following glossary. Term.

What are Invoice & Payment Terms? - QuickBooks

Common invoice words and acronyms · CIA: Cash in advance · CBS: Cash before shipment · CND: Cash next delivery · COD: Cash on delivery · CWO: ...

Payments 101 – Jargon buster | Blog - CellPoint Digital

Learn all the key payment terms with our Payment 101 glossary. From chargebacks to Payment Orchestration, understand key concepts in the world of payments.

Glossary of Billing and Payment Terms | BillFlash - by NexTrust

Explore definitions and key terms related to the billing, payment, and collections industry. A Accounts Receivable Management – The process of managing A/R and ...

Glossary of eCommerce Terms

Entity, typically a financial institution that processes payment card transactions for merchants and is defined by a payment brand as an acquirer. Acquirers are ...

Different Types of Payment Terms - GoCardless

Understanding the types of payment terms is vital for any business owner or contractor. Selecting the right terms ensures you can pay the bills and maintain a ...

Payments Glossary - PSPBox

This glossary contains general terms used in the payments industry and should help you demystify the world of payments.

Glossary of Terms - House.gov

A law of Congress that provides an agency with budget authority. An appropriation allows the agency to incur obligations and to make payments from the US ...

Financial Terms Glossary

The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in mutual funds. Each share represents an investor's part ownership in ...

Glossary of Financial Banking Terms from Bank of America

Account Balance ... Account Statement ... Active Account ... Affinity debit card ... Annual percentage yield (APY) ... Automated Clearing House (ACH) ... Automatic funds ...

Glossary words list - ASAP.gov

Payment Amount. The amount of funds credited to the Requestor Bank account from an ASAP account(s). May not exceed $999,999,999.99 for Fedwire payments and ...

Payments Glossary - Carta Worldwide

Payments Glossary · BIN Sponsorship: An alternative to joining a card scheme directly, this allows a company to gain access to major international card schemes, ...

Payments Glossary - Kushki Docs

Acronym of Three-Domain Secure, an anti-fraud communication protocol developed by Visa and currently used by other international debit and ...

Glossary | U.S. Bureau of Economic Analysis (BEA)

Record of net receipts or payments on goods, services, income, and unilateral current transfers. Current transfers include U.S. government grants to foreign ...

Glossary of Expressions in Payments industry - EFTlab

A unique sequence of numbers assigned to a cardholder account that identifies the issuer and type of financial transaction card.

Glossary of billing terms - BillingPlatform

Glossary of billing terms · Revenue Recognition · SSP Determination · Revenue Contracts & Modifications · Waterfall/Rollforward Reporting · Collections ...

Glossary - Payments Consulting Network

Point-of-Sale Abbreviation for Point-of-Sale, which is the place where a customer makes payment. While POS once referred specifically to credit ...