The entering of credit card information via computer keyboard or terminal keypad instead of swiping the card through a credit card reader terminal. ecOrderDesk support the act of manually entering a c [..]

A credit card transaction permitted by a customer that is periodically charged to the customer's account on a weekly, monthly, or quarterly basis.

The bank that does business with merchants who accept credit cards. A merchant has an account with this bank and each day deposits the value of the day's credit card sales. Acquirers buy (acquire [..]

The processor provides credit card processing, billing, reporting and settlement and operational services to acquiring and issuing banks. Many financial institutions don't do their own bankcard p [..]

An organization that issues cards and acquires transactions, unlike Visa and MasterCard, which are bank associations.  

An acceptance of a payment. Usually in the form of an authorization code provided by the Issuing bank.  

A payment capture method that is used by merchants who ship orders on the same day that they receive orders. The payment is captured when the merchant authorizes the credit card used by the customer. [..]

that a person is who he/she claims to be, or that an email message is actually from the person or organization that claims to have sent the message.  

The act of insuring that the cardholder has adequate funds available against their line of credit. A positive authorization results in an authorization code being generated, and those funds being set [..]

a numerical or alphanumeric code sent by the card issuer verifying that the sale has been authorized. The authorization may be obtained by voice, software, or terminal transmission. The merchant shoul [..]