Payments Processing

Used to complete most kinds of transactions in public sales locations like stores, gas stations and restaurants, a POS [...]

Very simply the place where goods are retailed, the point of sale is where the world’s in-person credit card and othe [...]

The payment environment is the collective term for all the manual and automatic processes involved in completing a paym [...]

Also called a post auth or prior sale transaction, a force transaction is one for which the merchant gets a voice autho [...]

Part of a recurring billing solution’s ability to manage credit card payment declines, dunning management services ma [...]

Any sort of account where a customer makes deposits and withdrawals is classified as a deposit account, including check [...]

Clearinghouse Generally defined as an organization or agency that collects and distributes information, in the payment [...]

Loosely defined as the time when a banking institution is open, it is more precisely used to specify a day during which [...]

The authorization currency is the native currency of a transaction and is directly related to the currency in use at th [...]

When an ACH transactions does not complete correctly, an ACH return with an associated return code results. These codes [...]

The process of checking the availability of funds to complete a credit card sale, an authorization is expected to resul [...]

Designed to make theft of an account number nearly impossible, a virtual account number is a temporary account number u [...]