Payment Processing Glossary of Terms
Terms A – E | F – Z
A
ABA Routing Number
ACH / Automated Clearing House
AMEX
Account Number
Acquiring Bank/Merchant Bank
Adjustments
Affinity Card
Associations / Card Brands
ATM Debit Card
Authentication
Authorization
Average Ticket
AVS / Address Verification Service
B
Bank Routing Number
Bankcard
Batch
Business Type
C
Capture Date
Card Issuer
Card Not Present (CNP)
Card Present
Card Verification Code (CVC)
Card Verification Value (CVV)
Cardholder
Cash Advance
Cash Back
Chargeback
Chargeback Period
Check Verification
Counterfeit Card
Credit Account
Credit Card
Credit Card Processing
Credit Limit
D
Database
Data Encryption
Debit
Debit Card
Debit Transaction
Decline OR Declined
Deposit Account
Discount Rate / Discount Fee
Doing Business As (DBA)
E
E-Check
Electronic Banking
Electronic Bill Payment (E-pay)
Electronic Commerce (E-commerce)
Electronic Funds Transfer (EFT)
EMV
Encryption