Glossary

This is the nine-digit number that appears on all checks along with the bank account number. The number identifies which ….

More commonly known as an AE is a sale quota-carrying rep. An AE’s main responsibility usually include: carrying out demos, ….

A unique sequence of numbers assigned to a cardholder account that identifies the issuer and type of financial transaction card.

The first nine digits that appear across the bottom of a personal check; they identify the financial institution.

A financial transaction card (credit, debit, etc.) issued by a financial institution.

Basis points are the percentage that you are charged on a credit card transaction. One basis point is equal to ….

The process of acquiring the account information required for processing a payment. This occurs by swiping a credit or debit ….

The date on which a transaction is processed by an acquirer.

The financial institution or retailer that authorizes the issuance of a card to a consumer (or another organization), and is ….