Cards issued with a Visa/MC/Discover/AmEx logo, with a fixed limit based on the deposit made to open the account. AVS is not able to be

The fee for the use of an online gateway. A gateway must be PCI compliant (a security qualification), and therefore is constantly on guard against

Generic term referring to business done over the web and/or processed electronically.

The online and electronic processing of payments from a customers checking account. eCheck, ACH, and Demand draft are all 3 types of electronic checking payments,

The DBA is the name that will appear on your customers credit card bill as the “descriptor.” Having a descriptor that easily reminds your customer

A fee taken by the bank as a percentage of all sales transactions. If the discount rate is 2.39%, for example, the discount rate fee

Cards issued via Visa usually, that are similar to credit cards, with the main difference that the card is linked to a checking account instead

Called differently by different organizations, either CVV or CCV, its easiest to remember it by “Card Code Verification.” CVV is a three digit security code

A transaction processed by swiping a card through a terminal or by an imprinted and signed credit card slip. When the customer’s card is swiped

A transaction where the credit card is not physically present. This simple fact means that fraud is a possibility, since you cannot verify the true