Meaning Credit Card Processor
What does Credit Card Processor mean? Here you find 2 meanings of the word Credit Card Processor. You can also add a definition of Credit Card Processor yourself
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Credit Card ProcessorAn entity that handles the electronic verification and initiation of Electronic Funds Transfers (EFT) in to the ACH system on behalf of clients. The term is used interchangeably with merchant services provider, merchant account provider or merchant acquirer.
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Credit Card ProcessorThe company who processes the daily credit card transactions that are ran on a merchant's terminal and deposits the money in batches into the merchant's account.
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