Glossary of Terms for Payments Industry
A glossary of terms used in payments and settlement systems
There are many aspects to payment systems, relating for instance to legal arrangements, technological and operational issues, financial market infrastructures ...
Payments Glossary: Payments 101 & Terminology - Marqeta
Payment Industry Glossary ; Capture. The process of completing a transaction and the initiation of funds transfers by a merchant. ; Card Spend Controls.
Payments glossary - Adyen Docs
Payments glossary · Account Updater · Acquirer (or Acquiring bank) · Acquirer Reference Number (ARN) · Adyen account · Adyen payments platform · Adyen POS Application.
The ultimate glossary of payment terms - Global Payments
Our payments glossary is a reference guide that simplifies the rapidly changing industry. Bookmark this page and check back frequently.
Payments Glossary - FEDERAL RESERVE BANK of NEW YORK
The transmission or processing of a group of related payment instructions. Book Entry System An accounting system that permits the transfer of assets (such as ...
This standard is governed by the Payment Card Industry Security Standards Council and exists to increase controls around cardholder data and to reduce credit ...
The Payments Glossary – An A to Z for the World of Payments
A. Acceptance. The process by which a merchant allows a payment card to be used by a customer as a means of payment. Acceptance rate ...
Glossary of Payment Terms - Moorwand
... payments glossary of key terms ... The open flow of banking data was designed to welcome more competition into the banking industry.
A Guide to Payment Terminology: Glossary of Terms - SwipeSum
Whether you're a seasoned professional or new to the industry, having a solid grasp of these terms is essential for ensuring smooth and secure ...
Glossary: Payment terms - Mastercard Data & Services
A card not present (CnP) transaction is a card payment, either via a digital card, virtual card or simply online, that does not involve the presentation of a ...
Glossary of Banking Terms and Phrases - HelpWithMyBank.gov
A machine, activated by a magnetically encoded card or other medium, that can process a variety of banking transactions. These include accepting deposits and ...
Glossary of Electronic Payments Industry Terms. ACH: Automated Clearing House. A regional organization used by member banks to electronically transfer funds.
The Go-To Glossary for All Things Payments | ExactPay
Familiarize yourself with commonly used terms in the payments industry with this glossary. Understand the basics of payment processing.
Payments Glossary - Global Payments Developer Portal
Payments Glossary ; Acquirer, Financial institution (usually a bank but not always) that processes credit or debit card payments for a merchant. The acquirer ...
Glossary Of Payment Processing Terms - Merchant Savvy
Point-to-point encryption (P2PE). A standard established by the Payment Card Industry Security Standards Council to encrypt a customer's card data as soon as it ...
Glossary of Terms - Office of Business and Finance
Payment Gateway – A payment gateway is a type of service provider that transmits, processes, or stores credit cardholder data as part of a payment transaction.
A Glossary of Payment Terms - Blog - Basis Theory
The world of payment processing can be bewildering and esoteric, with its vast range of participants, processes, and industry jargon.
Digital payments glossary—fintech and finance terms defined - Plaid
Elizabeth is a fintech industry writer who creates articles and white papers for Plaid. She's excited about the financial inclusion that open ...
Glossary of Payment and Information Security Terms
Guide to Safe Payments, part of the Data Security Essentials for Small Merchants. Its intent is to explain relevant Payment Card Industry (PCI) and information ...
The Ultimate Payments Glossary | Acquired.com
The term “transaction” in the payments industry refers to the exchange of a set quantity of currency from a shopper for the purchase of goods or ...