Merchant Services

The merchant agreement is the entirety of the agreement between a merchant and an acquirer and spells out in great deta [...]

When a merchant or location has a large number of fraudulent transactions within a specific period, it is deemed a ques [...]

Used in the routing of payment transactions across a number of channels, a switch is an important part of payment proce [...]

In the context of EMV, PIN pad providers are companies that provide the unique devices necessary to complete the EMV-co [...]

In the context of EMV, a payment application provider is a company that provides to merchants the software necessary to [...]

When business application software is created for a company by a third-party, this party is called the independent soft [...]

Also called the acquirer, the merchant bank is the bank that a merchant uses to complete credit card and ACH transactio [...]

A reseller is a company that arranges for a business service or product in bulk, including credit card processing and o [...]

Offering online sellers the ability to accept electronic payments, a PSP opens a world of payment options to Internet r [...]

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

The originator in a wire transfer or an automated clearing house or ACH payment is the financial institution that initi [...]

Also called the merchant account provider or merchant acquirer, the MSP is the entity that provides merchants with the [...]