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 Discount Rate / Discount Fee: A merchant services expense for processing credit card transactions. View Glossary and Payment Processing Terms
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 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
Database Database: A structured set of data held in a computer made to be accessed easily. View Glossary and Payment Processing Terms
Debit Card Debit Card: A card that is linked to a bank account that uses available funds to make payment. A debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money is immediately transferred […]
Debit Debit: A charge to bank card account. Taking payment from a customer’s bank account usually for services or goods. View Glossary and Payment Processing Terms
Data Encryption Data Encryption: An electronic process of making information unusable or unreadable to anyone that does not have the password/key/tools to make the information usable. View Glossary and Payment Processing Terms