Electronic Bill Payment (E-pay) – Payment Processing Term
Electronic Bill Payment (E-pay) Electronic Bill Payment (E-pay): Bill payments made using electronic checks instead of paper checks. View Glossary and Payment Processing Terms
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Electronic Banking – Payment Processing Term
Electronic Banking Electronic Banking: Commonly known as internet banking or Online banking. It is a form of banking in where funds are transferred through an exchange of electronic signals instead of cash, checks or other negotiable instruments. View Glossary and Payment Processing Terms
E-Check – Payment Processing Term
E-Check E-Check: It is an electronic check that is used in the same as a paper check. View Glossary and Payment Processing Terms
Doing Business As (DBA) – Payment Processing Term
Doing Business As (DBA) Doing Business As (DBA): Another name for a legal entity that is used at the merchants location where credit card transactions take place. View Glossary and Payment Processing Terms
Discount Rate / Discount Fee – Payment Processing Term
Discount Rate / Discount Fee Discount Rate / Discount Fee: A merchant services expense for processing credit card transactions. View Glossary and Payment Processing Terms
Deposit Account – Payment Processing Term
Deposit Account Deposit Account: An account other then a credit account used for payment transactions such as checking and saving accounts. View Glossary and Payment Processing Terms
Decline OR Declined – Payment Processing Term
Decline OR Declined Decline OR Declined: When a payment is denied, or an authorization request is denied by card issuer or bank. View Glossary and Payment Processing Terms
Debit Transaction – Payment Processing Term
Debit Transaction Debit Transaction: Any transaction that used a bank debit card. It is transaction for payments or to get available cash. View Glossary and Payment Processing Terms