Glossary
- Acquirer
- Acquirer Scheme Fees
- Address Verification Service/AVS
- ADI
- Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF Act)
- Associations/Payment Brands/Networks
- ATM Debit Card
- Authorisation
- Authorisation Code
- Authorisation Fee
- Authorisation Only Transaction
- Authorisation Response
- Average Ticket Size
- Basis Points
- Batch or Batch Processing
- batch processing
- Capture
- Cardholder Preferred Currency (CPC)
- Card Issuer
- card not present
- Card Not Present (CNP)
- Card Present
- Card Scheme
- card security code
- card verification code
- Chargeback
- Clearing
- Cost of Acceptance
- Credit Card
- Credit Card Reader
- credit card swiper
- CV2/CVV2
- CVV
- Debit Card
- discount fee
- discount fees
- Dynamic Currency Conversion (DCC)
- Electronic Benefits Transfer (EBT)
- Electronic Fall Back (EFB)
- Electronic Funds Transfer (EFT)
- Electronic Wallet
- Encryption
- Interchange Fees
- Interchange Plus or Interchange++
- Issuer
- Issuer Scheme Fees
- Know Your Customer (KYC)
- Least-Cost Routing
- mail order
- match
- Merchant Account
- Merchant Acquirer
- Merchant Processing Agreement (MPA)
- Merchant Service Fee (MSF, or Discount Fee)
- Merchant Services Provider
- Mobile Credit Card Processing
- Monthly Minimum
- Monthly Processing Limit
- Monthly Processing Volume
- MOTO
- Multi-Currency Processing (MCP)
- On-Us Transactions
- Over-Limit Fee
- Payment Card Industry Data Security Standards
- Payment Cards
- Payment Gateway
- Payment Services Provider (PSP)
- PCI-DSS
- Personal Identification Number
- PIN
- PIN Pad
- Point-of-Sale
- POS
- POS Terminal
- Real-Time Processing
- Recurring Billing
- Retrieval
- RITS – Reserve Bank Information and Transfer System
- RTGS (real-time gross settlement)
- Secure Socket Layer
- SSL
- Surcharging
- telephone order
- Terminated Merchant File
- Voice Authorisation
