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Transaction Date – Payment Processing Term

Transaction Date   Transaction Date: The date when a transaction take place. View  Glossary and Payment Processing Terms

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Transaction – Payment Processing Term

Transaction   Transaction: View  Glossary and Payment Processing Terms

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Telephone Bill Payment – Payment Processing Term

Telephone Bill Payment   Telephone Bill Payment: Payment service allowing customers to pay bills over the phone. A customer givers permission to the biller to debit to their bank account directly. View  Glossary and Payment Processing Terms

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Start Up Kit – Payment Processing Term

Start Up Kit   Start Up Kit: Supplies provided to merchant after opening a new account. View  Glossary and Payment Processing Terms

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SSL – Payment Processing Term

SSL   SSL: Secure Socot layer is used to encrypt online information. View  Glossary and Payment Processing Terms

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Smart Card – Payment Processing Term

Smart Card   Smart Card: A payment card that has a chip in it. View  Glossary and Payment Processing Terms

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Shopping Cart Software – Payment Processing Term

Shopping Cart Software   Shopping Cart Software: Software that allow user to create an online store with a virtual shopping. Sales transactions and payments can be completed throught the software. View  Glossary and Payment Processing Terms

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Settlement Statement – Payment Processing Term

Settlement Statement   Settlement Statement: A document provided to the merchant showing all the merchants transactions and billing activity during a specified period. View  Glossary and Payment Processing Terms

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