EMV Cards (Europay, MasterCard, and Visa) are smart cards (chip cards or IC cards) which store their data on integrated
Posted in Best Practices for Merchants Tagged with: card reader, cards, chip cards, data, EMV, payment
Near field communication is a contactless communication protocol between devices like (smartphones, tablets, smartwatches or even credit cards themselves) with
Posted in Best Practices for Merchants, Near Field Communication Tagged with: cards, contactless, credit cards, customers, merchants, mobile wallet, Near Field Communication, nfc, payment, Smartphones, tablets, terminal, transaction
The PCI-DSS is a security standard for organizations that handle branded credit cards from the major card including Visa, MasterCard,
Posted in Best Practices for Merchants, Credit Card Security, Payment Card Industry PCI Security Tagged with: banks, credit cards, merchant, PCI-DSS, Security, transactions
There are a lot more details of what makes up a credit card rate, this information is a good start
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ECS: An Electronic Mode Of Funds Transfer From One Bank Account To Another Paper check conversion Debit Processing Automated Returns
Posted in Best Practices for Merchants, e-commerce & m-commerce Tagged with: account, ACS, bank, card-not-present, cnp, consumer, debit, ecommerce, ECS, merchant, risk, services
Electronic Benefit Transfer (EBT) is an electronic system that allows a recipient to authorize a transfer of their government benefits
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Dynamic Currency Conversion Five supported currencies Retail, Restaurant, MOTO, E-commerce Price listed in merchant’s currency Customer is aware of currency
Posted in Best Practices for Merchants, e-commerce & m-commerce, Mail Order Telephone Order, Merchant Account Services News Articles, Travel Agency Agents Tagged with: currency, Currency Conversion, customer, e-commerce, merchants, moto, point of sale, terminals, virtual merchant