Funding – Payment Processing Term
Funding Funding: In merchant services funding is the payment to a merchant for deposits submitted View Glossary and Payment Processing Terms
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Japanese Credit Bureau (JCB) – Payment Processing Term
Japanese Credit Bureau (JCB) Japanese Credit Bureau (JCB): View Glossary and Payment Processing Terms
Issuer/Issuing Bank – Payment Processing Term
Issuer/Issuing Bank Issuer/Issuing Bank: A financial institution that provides payment card services to card holders. These companies are licensed by VISA and Mastercard. View Glossary and Payment Processing Terms
Financial Institution – Payment Processing Term
Financial Institution Financial Institution: In merchant services funding is the payment to a merchant for deposits submitted View Glossary and Payment Processing Terms
Interchange Fee – Payment Processing Term
Interchange Fee Interchange Fee: The cost of payment card transaction to be paid to card issuer. Visa and Mastercard determine interchange fees and rates. View Glossary and Payment Processing Terms
Interchange – Payment Processing Term
Interchange Interchange: System operated to transact electronic payments for credit cards and bank cards. View Glossary and Payment Processing Terms
Electronic Funds Transfer (EFT) – Payment Processing Term
Electronic Funds Transfer (EFT) Electronic Funds Transfer (EFT): A transfer of funds done automatically utilizing an electronic system. View Glossary and Payment Processing Terms
Electronic Commerce (E-commerce) – Payment Processing Term
Electronic Commerce (E-commerce) Electronic Commerce (E-commerce): Business that is transacted electronically instead of other methods such as paper View Glossary and Payment Processing Terms