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PCI Compliance

Short description of PCI Compliance This indicates that a financial institution is meeting the requirements of the Paym [...]

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Payment Card

A term that can be used in reference to credit cards, debit cards, prepaid card and EBT cards, the indicator payment ca [...]

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Funding

An electronic transaction presented to a bank for payment is paid through a process called funding. When a merchant is [...]

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Processor

An organization that provides authorization and settlement of financial transactions on behalf of its members, a proces [...]

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Payvision

Short description of Payvision An independent payment solution provider that specializes in global card payments for th [...]

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POS System

Short description of POS System Used to complete most kinds of transactions in public sales locations like stores, gas [...]

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Point of Sale (POS)

Short description of Point of Sale (POS) Very simply the place where goods are retailed, the point of sale is where the [...]

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Payment Environment

Short description of Payment Environment The payment environment is the collective term for all the manual and automati [...]

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Merchant Agreement

Short description of Merchant Agreement The merchant agreement is the entirety of the agreement between a merchant and [...]

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Force Transaction/Voice Authorizations

Short description of Force Transaction/Voice Authorizations Also called a post author prior sale transaction, a force t [...]

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Dunning Management

Short description of Dunning Management Part of a recurring billing solution’s ability to manage credit card payment [...]

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Deposit Account

Short description of Deposit Account Any sort of account where a customer makes deposits and withdrawals is classified [...]




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