Adjustments Adjustments: An adjustment is used to make to correction to a transaction, typically a processing dispute or error. The adjusted funds will be debited from merchant account and returned. View Glossary and Payment Processing Terms
Affinity Card Affinity Card: A type of credit card or debit card belonging to a specific organization or group that is only available to members. View Glossary and Payment Processing Terms
Associations / Card Brands Associations / Card Brands: These are reference terms relating to the major credit card brands including Visa, MasterCard, American Express and Discover. View Glossary and Payment Processing Terms
ATM Debit Card ATM Debit Card: ATM stands for Automated Teller Machine. ATM Debit Cards are a type of payment card that is linked to a bank account. When atm cards are used funds will be authorized in real time and debited from the atm debit card bank account. View Glossary and Payment Processing […]
Authentication Authentication: Credit card authentication is when a customer’s credit card is verified with the credit card issuing company. View Glossary and Payment Processing Terms