Masterpass

Masterpass is a digital wallet that allows you to check out faster by storing all of your payment and shipping information in one secure location.

Offline Transaction Processing

Offline Transaction Processing is a payment method that uses a debit card to transfer funds from a checking account to a merchant across a digital credit cardnetwork. 

PCI Validated Point-to-Point Encryption

PCI-validated P2PE solutions secure transactions by encrypting all data within a PCI-approved point of entry device, preventing clear-text cardholder data from being available.

PIN Pads

A PIN pad (PIN entry device) is a device used in a credit, debit or smart card-based transaction to accept and encrypt the cardholder’s PIN data.

Acquiring bank

An acquiring bank (also known as the merchant bank, merchant account provider, or acquirer) is a bank that manages the merchant’s account.

Transaction Fee

Transaction fees are fees that a processor charges the merchant associated with each credit card transaction.

Purchase Cards

Otherwise known as procurement cards or P-Cards, purchase cards are issued by employers that enable assigned staff to purchase products or services for the company’s purposes.

Payment Gateway

A security service that transmits credit card information from a buyer to a seller so credit-based purchases can be processed.