Credit Card Processing Glossary

Processing transactions via the internet means that the cardholder types their credit card information online and the transaction is processed seconds later.. Internet Merchant

Employees with skills that enable them to perform Activity B Employee requirement :200 Employee requirement :100 Total Employee requirement: 300... Example: Multi

A unique number issued by the acquiring bank to identify a merchant and the merchant's terminal(s) to a host computer in the credit card processing network. Merchant Service

Credit Card 101 Interchange Fee Cardholder Purchase Merchant Deposit Merchant Bank Processor National Asscoiation Cardholder Bank Cardholder Statement The Interchange function

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It cover a large area (about 200 km in radius); although the estimates are not precise, due to inherent errors of the instrument itself: anomalous propagation, attenuation, etc.;

In order to induce the Bank to extend credit to the Applicant(s) specified in Item IX (Credit Card) of the Account Application (the “Cardholder”) under a Visa credit card (the

(after processing and authorization (or refusal) of the payment card) store in any format or media, any cardholder data specifically but not limited to credit or debit card (or