Table of Contents Effortless Online Payments with Authorize.net’s Simple Checkout Feature Authorize.net’s Simple Checkout feature is designed to help businesses easily accept online payments without
What is Average Ticket Size? Average ticket size refers to the average amount spent per transaction or sale, commonly used in financial analysis to gauge
When a merchant transmits the “batch” of daily sales for processing. An “open” Batch is one that is not yet “closed.” Batching generally occurs at
Table of Contents What is Batch Credit Card Processing? Batch credit card processing is a method where businesses collect all credit card transactions made during
Batch payment uploads refer to the process of submitting multiple payment transactions at once, typically through a single file upload, rather than entering each transaction
A cad issuing bank is any Visa/MasterCard/AmEx/Discover member bank that enters into contractual relationships with cardholders for the issuance of cards. Popular card issuing banks
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
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
Visa chargeback reason code 93 falls under the Visa Fraud Monitoring Program (VFMP). This code is used to identify fraudulent transactions that exceed acceptable thresholds
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
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