Card Verification Code (CVC) – Payment Processing Term
Card Verification Code (CVC) Card Verification Code (CVC): CVC is the data encoded on the magnetic stripe of a MasterCard card. View Glossary and Payment Processing Terms
Card Verification Code (CVC) Card Verification Code (CVC): CVC is the data encoded on the magnetic stripe of a MasterCard card. View Glossary and Payment Processing Terms
Card Present Card Present: View Glossary and Payment Processing Terms
Card Not Present (CNP) Card Not Present (CNP): A transaction using a payment card where the cardholder and card are not physically present. An example is online sales. View Glossary and Payment Processing Terms
Card Issuer Card Issuer: The financial services company that issues credit cards or bank cards to consumers and businesses. View Glossary and Payment Processing Terms
Capture Date Capture Date: The date when a transaction is processed by the aquirer. View Glossary and Payment Processing Terms
Business Type Business Type: Merchants businesses categories are the following, Retail, Restaurant, Hotel, Mail Order / Telephone Order or internet. Merchants must select one. View Glossary and Payment Processing Terms
Batch Batch: A grouping of completed transactions that are waiting to be settled. This is done by batching out. View Glossary and Payment Processing Terms
Bankcard Bankcard: A payment card issued by a financial institution. These include credit cards and debit cards. View Glossary and Payment Processing Terms