Payment processing terms

Top 40 Credit Card Processing Terms to Understand - REPAY Blog

In this blog, we will list the top 40 credit card processing terms that include the credit card processing fees and pricing, process, and security.

Payments Glossary: Payments 101 & Terminology - Marqeta

A type of transaction. The process of confirming whether a card is valid, business rules are met, and funds are sufficient, and then placing a temporary hold on ...

Ultimate Credit Card Processing Terminology Glossary - Corepay

In this article, we will lay out all of the most important credit card processing terminology to understand what you are looking at when you assess a statement.

Credit Card Merchant Terminology | Business & Financial Services

A merchant is defined as any entity that accepts payment cards bearing the logos of any of the five members of PCI SSC (American Express, Discover, JCB, ...

15 Important Payment Processing Terms to Know - Finical

In this article, we'll discuss 15 important payment processing terms to help business owners navigate the sending and receiving of payments.

Payments glossary - Adyen Docs

Payment processor. A system that connects to a shopper's bank and a merchant's bank in order to make a payment transaction on behalf of a merchant. Usually, a ...

The ultimate guide to credit card processing terminology

Here is a glossary featuring the most common payment processing terms you will come across as a business owner.

Payment Processing Terms: A Quick Reference Guide

A charge card is a payment tool that lets cardholders purchase goods or services on credit and then pay for the balance to the credit issuer at a later date.

A Guide to Payment Terminology: Glossary of Terms - SwipeSum

A process by which paper checks submitted for payment are electronically converted into data for processing through the Automated Clearing House ...

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 ...

A glossary of terms used in payments and settlement systems

For example, the concept of real-time processing is intrinsic to understanding the functioning of modern payment systems and figures in discussions among users ...

Credit Card Payment Processing Dictionary: 80 Terms To Know

This comprehensive guide bridges the gap, equipping merchants with the knowledge to navigate the complexities of credit card payment processing confidently.

Glossary of Credit Card Processing Terminology - MerchantEquip.com

Start accepting credit cards today! Call: (800) 532.4966 or Apply Online. Glossary of Payment Processing Terms.

Payment processing glossary - Turbify Help

A process in which a transaction is processed between a merchant account provider and the issuing bank or credit card association of the buyer.

Glossary - Fiserv Merchant Services

This refers to the initial electronic request made by a merchant for a customer's card issuer to release funds. This verification process confirms that a credit ...

Payments Glossary: Learn Key Payment Terms and Concepts - NMI

A payment processor provides the infrastructure to manage this process quickly and efficiently. Payment Gateway. A payment processor is a service enabling ...

The Payments Glossary - Finix

Fee charged for each submission of a batch file to a payment processor. Batch fee(s) are volume based fees charged for the processing load on the system that ...

Guide to Credit Card Processing Terms - U.S. Chamber of Commerce

This credit card processing glossary details the most common terminology so you can understand the differences between various credit card processing providers.

What Are The Basic Credit Card Processing Terms? - Stax Payments

Below is a brief list of some key terms you will find in the credit card processing industry. This list is by no means exhaustive but will provide a good ...

GLOSSARY OF TERMS – Payment Processing Solutions

A real-time service offered to combat fraud and validate a cardholder's given address (street number and zip code) against the card issuer's records.