A four digit, numerical identifier of a merchants business type as classified by Visa & MC. There are hundreds of these codes. You are not

All websites that host electronic payments should use a SSL (secure socket layer) certificate. Typically 128 bit is the customary level of security used. Note:

The action of physically sliding a credit card through a terminal or magnetic stripe reader that “reads” the magnetic strip on the back of all

TMF (Terminated Merchant File): A “black-listing” of merchants that have had a merchant account terminated for violating a merchant agreement. The problem with this is,

A trade reference is anyone that knows you and your business. Usually your first trade reference will be your bank for deposits. Other references can

A per item fee charged for each transaction for checks or credit cards. Online gateways will charge their own transaction fee, in addition to the

Travel and Entertainment often seen as the acronym T&E) Properly used, refers to American Express (AmEx) and Diners Club cards where a cardholder normally pays

In this situation, the processor will ask for a reserve upfront, usually based on a % of your applied for monthly volume, and they will