{"id":4065,"date":"2020-10-02T15:13:07","date_gmt":"2020-10-02T15:13:07","guid":{"rendered":"https:\/\/trc-parus.ru\/?page_id=4065"},"modified":"2023-06-15T09:33:00","modified_gmt":"2023-06-15T17:33:00","slug":"payment-processing-definitions","status":"publish","type":"page","link":"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/","title":{"rendered":"Payment Processing Definitions"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"4065\" class=\"elementor elementor-4065\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b18da09 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2b18da09\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2c53240b\" data-id=\"2c53240b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-655204cf hero-title elementor-widget elementor-widget-heading\" data-id=\"655204cf\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Payment Processing Definitions<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-19ee5288 hero-body elementor-widget elementor-widget-text-editor\" data-id=\"19ee5288\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>A glossary for payment processing, accepting credit cards, and general payment industry terms<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b97bc7a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b97bc7a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-03cdcaf\" data-id=\"03cdcaf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-28cb4e2 elementor-widget elementor-widget-price-list\" data-id=\"28cb4e2\" data-element_type=\"widget\" data-widget_type=\"price-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor-pro - v3.21.0 - 30-04-2024 *\/\n.elementor-widget-price-list .elementor-price-list{list-style:none;padding:0;margin:0}.elementor-widget-price-list .elementor-price-list li{margin:0}.elementor-price-list li:not(:last-child){margin-bottom:20px}.elementor-price-list .elementor-price-list-image{max-width:50%;flex-shrink:0;padding-inline-end:25px}.elementor-price-list .elementor-price-list-image img{width:100%}.elementor-price-list .elementor-price-list-header,.elementor-price-list .elementor-price-list-item,.elementor-price-list .elementor-price-list-text{display:flex}.elementor-price-list .elementor-price-list-item{align-items:flex-start}.elementor-price-list .elementor-price-list-item .elementor-price-list-text{align-items:flex-start;flex-wrap:wrap;flex-grow:1}.elementor-price-list .elementor-price-list-item .elementor-price-list-header{align-items:center;flex-basis:100%;font-size:19px;font-weight:600;margin-bottom:10px;justify-content:space-between}.elementor-price-list .elementor-price-list-item .elementor-price-list-title{max-width:80%}.elementor-price-list .elementor-price-list-item .elementor-price-list-price{font-weight:600}.elementor-price-list .elementor-price-list-item p.elementor-price-list-description{flex-basis:100%;font-size:14px;margin:0}.elementor-price-list .elementor-price-list-item .elementor-price-list-separator{flex-grow:1;margin-left:10px;margin-right:10px;border-bottom-style:dotted;border-bottom-width:2px;height:0}.elementor-price-table{text-align:center}.elementor-price-table .elementor-price-table__header{background:var(--e-price-table-header-background-color,#555);padding:20px 0}.elementor-price-table .elementor-price-table__heading{margin:0;padding:0;line-height:1.2;font-size:24px;font-weight:600;color:#fff}.elementor-price-table .elementor-price-table__subheading{font-size:13px;font-weight:400;color:#fff}.elementor-price-table .elementor-price-table__original-price{margin-inline-end:15px;text-decoration:line-through;font-size:.5em;line-height:1;font-weight:400;align-self:center}.elementor-price-table .elementor-price-table__original-price .elementor-price-table__currency{font-size:1em;margin:0}.elementor-price-table .elementor-price-table__price{display:flex;justify-content:center;align-items:center;flex-wrap:wrap;flex-direction:row;color:#555;font-weight:800;font-size:65px;padding:40px 0}.elementor-price-table .elementor-price-table__price .elementor-typo-excluded{line-height:normal;letter-spacing:normal;text-transform:none;font-weight:400;font-size:medium;font-style:normal}.elementor-price-table .elementor-price-table__after-price{display:flex;flex-wrap:wrap;text-align:start;align-self:stretch;align-items:flex-start;flex-direction:column}.elementor-price-table .elementor-price-table__integer-part{line-height:.8}.elementor-price-table .elementor-price-table__currency,.elementor-price-table .elementor-price-table__fractional-part{line-height:1;font-size:.3em}.elementor-price-table .elementor-price-table__currency{margin-inline-end:3px}.elementor-price-table .elementor-price-table__period{width:100%;font-size:13px;font-weight:400}.elementor-price-table .elementor-price-table__features-list{list-style-type:none;margin:0;padding:0;line-height:1;color:var(--e-price-table-features-list-color)}.elementor-price-table .elementor-price-table__features-list li{font-size:14px;line-height:1;margin:0;padding:0}.elementor-price-table .elementor-price-table__features-list li .elementor-price-table__feature-inner{margin-left:15px;margin-right:15px}.elementor-price-table .elementor-price-table__features-list li:not(:first-child):before{content:\"\";display:block;border:0 solid hsla(0,0%,47.8%,.3);margin:10px 12.5%}.elementor-price-table .elementor-price-table__features-list i{margin-inline-end:10px;font-size:1.3em}.elementor-price-table .elementor-price-table__features-list svg{margin-inline-end:10px;fill:var(--e-price-table-features-list-color);height:1.3em;width:1.3em}.elementor-price-table .elementor-price-table__features-list svg~*{vertical-align:text-top}.elementor-price-table .elementor-price-table__footer{padding:30px 0}.elementor-price-table .elementor-price-table__additional_info{margin:0;font-size:13px;line-height:1.4}.elementor-price-table__ribbon{position:absolute;top:0;left:auto;right:0;transform:rotate(90deg);width:150px;overflow:hidden;height:150px}.elementor-price-table__ribbon-inner{text-align:center;left:0;width:200%;transform:translateY(-50%) translateX(-50%) translateX(35px) rotate(-45deg);margin-top:35px;font-size:13px;line-height:2;font-weight:800;text-transform:uppercase;background:#000}.elementor-price-table__ribbon.elementor-ribbon-left{transform:rotate(0);left:0;right:auto}.elementor-price-table__ribbon.elementor-ribbon-right{transform:rotate(90deg);left:auto;right:0}.elementor-widget-price-table .elementor-widget-container{overflow:hidden;background-color:#f9fafa}.e-con-inner>.elementor-widget-price-list,.e-con>.elementor-widget-price-list{width:var(--container-widget-width);--flex-grow:var(--container-widget-flex-grow)}<\/style>\n\t\t<ul class=\"elementor-price-list\">\n\n\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tAcquirer\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA financial institution that processes credit card and debit card transactions. An acquirer is sometimes referred to as a \"payment processor\" even though they are different.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tACH (Automated Clearing House)\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA system that provides bank to bank money transfers. It is typically used for direct deposits and monthly debits. Bank to bank transfers are called ACH (Automated Clearing House) in the United States and EFT (Electronic Funds Transfer) in Canada.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tAuthorization\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tThe approval given from the customer's bank that a transaction has been approved for a specific amount. The credit card is not charged in an authorization, it just verifies that amount is available on the credit card. \n\n\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\t AVS (Address Verification System)\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tVisa and MasterCard started requiring merchants who manually key in credit card transactions to have a special fraud prevention system. This system checks to see that the billing address given by the cardholder matches the credit card.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tBankcard\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA debit card or credit card that is issued by a bank or other financial institution.\n\n\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li><a class=\"elementor-price-list-item\" href=\"https:\/\/trc-parus.ru\/blog\/what-are-basis-points\/\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tBasis Points\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tBasis points are the percentage that you are charged on a transaction. One basis point is equal to 1\/100th of 1%. Thus a rate of 2.5% is the same as 250 basis points.\n\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tBatch\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA set of transaction information that is sent to and \"Acquirer\", typically sent at the end of a work day.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tCapture\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tThe actual charge of an \"Authorization\". See \"Authorization\" definition above.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tCardholder\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA person that holds a credit card.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li><a class=\"elementor-price-list-item\" href=\"https:\/\/trc-parus.ru\/blog\/what-is-a-chargeback-in-payment-processing\/\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tChargeback\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA chargeback is when a cardholder disputes a transaction with the card issuer.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tChargeback Defence\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA customer who does not receive his goods or services or did not make the order can ask his bank to chargeback the merchant for the charge on the credit card. The Issuing Bank sends the chargeback request to the merchant bank, which forwards it to the merchant asking to validate the charge. \t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tClearing\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tThe process of exchanging financial transaction information between an acquirer and an issuer to facilitate the posting of a cardholder's account and reconciliation of a customer's settlement position.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tCo-branded Card\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA credit card issued jointly by a member bank and a merchant, bearing the \"brand\" of both.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tCorporate Card\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA bank card issued to companies for use by company employees. The liability for abuse of the card typically rests with the company and not with the employee.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li><a class=\"elementor-price-list-item\" href=\"https:\/\/trc-parus.ru\/blog\/what-you-need-to-know-about-payment-aggregation\/\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tCredit Card Processors (or Third Party Processors)\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tMerchant services providers that handle the details of processing credit card transactions between merchants, issuing banks, and merchant account providers.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tCurrency Conversion\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tThe process by which the transaction currency is converted into a different currency. Payment processors can do this currency in real-time (dynamic currency conversion - DCC) allowing a merchant to charge a cardholder in any currency but the resulting funds get deposited in the merchant's home currency.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tDebit Card\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA type of card that deducts funds directly from the cardholder's bank account. This is in comparison to a credit card which is more of a loan rather than a debit.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tElectronic Draft Capture (EDC)\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA system in which the transaction data is captured at the merchant location for processing.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tElectronic Funds Transfer (EFT)\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA system that provides bank to bank money transfers. It is typically used for direct deposits and monthly debits. Bank to bank transfers are called ACH (Automated Clearing House) in the United States and EFT (Electronic Funds Transfer) in Canada.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li><a class=\"elementor-price-list-item\" href=\"https:\/\/trc-parus.ru\/interchange-rates-in-canada\/\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tInterchange Fee\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tThe fee that the Card Association charges the merchant to get the funds into his merchant account.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tIssuer\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA financial institution such as a bank or credit union that issues credit cards, debit cards, or pre-paid cards to cardholders.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tIssuing Bank\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tThe bank that maintains the consumer's credit card account and must pay out to the merchant's account in a credit card purchase.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tMerchant\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA business that accepts credit card payments. It can be any legal structure such as a partnership, corporation, or sole proprietorship.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tMonthly Minimum\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tThe minimum amount that a processor charges you, regardless of how much you process payments.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li><a class=\"elementor-price-list-item\" href=\"https:\/\/trc-parus.ru\/products\/ecommerce-integrations\/\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tPayment Gateway\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tSoftware used to transfer payment information from the merchant to the acquiring bank. A payment gateway is typically used for integrating to a website for online payments and eCommerce or to use a virtual terminal.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li><a class=\"elementor-price-list-item\" href=\"https:\/\/trc-parus.ru\/products\/terminals\/\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tPayment Terminal (Credit Card Machine)\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tAlso known as a Point of Sale (POS) terminal or credit card terminal is a hardware device which interfaces with payment cards to make electronic funds transfers.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li><a class=\"elementor-price-list-item\" href=\"https:\/\/trc-parus.ru\/blog\/what-small-businesses-need-to-know-about-pci-compliance\/\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tPCI-DSS\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tPCI-DSS stands for Payment Card Industry Data Security Standards which is a set of requirements set by the credit card networks to protect cardholder information and reduce the risk of data theft.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li><a class=\"elementor-price-list-item\" href=\"https:\/\/trc-parus.ru\/blog\/credit-card-and-payment-processing-industry-overview\/\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tProcessor\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA company that communicates with the credit card issuing banks to authorize and settle credit card transactions.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li><a class=\"elementor-price-list-item\" href=\"https:\/\/trc-parus.ru\/products\/recurring-payments\/\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tRecurring Billing\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA type of transaction that is charged to a cardholder on a set frequency (weekly, monthly, annually). This is used frequently for memberships, services businesses, and SaaS technology companies.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/a><\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tReserve\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA set amount of credit card sales from a merchant's credit card transactions that are temporarily held by the payment processor to cover possible disputed charges, chargeback fees, and other expenses.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tRetrieval Request\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA retrieval request is getting access to a credit card transaction by a cardholder that cannot remember a credit card transaction or the bank wants to retrieve transaction information.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tSSL (Secure Socket Layer)\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tA system for encrypting data sent over the Internet, including e-commerce transactions and passwords. Websites use SSL to secure their eCommerce transactions.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\t\t\t\t\t\t\t<li class=\"elementor-price-list-item\">\t\t\t\t\n\t\t\t\t<div class=\"elementor-price-list-text\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-price-list-header\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-title\">\n\t\t\t\t\t\t\tSettlement\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-price-list-separator\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<p class=\"elementor-price-list-description\">\n\t\t\t\t\t\t\tSettlement is the process where credit card payments made to a merchant are sent to the merchant's bank account. Merchant and cardholder banks exchange transaction and financial information to facilitate this process.\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/li>\t\t\t\t\t\n\t\t<\/ul>\n\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3513f117 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3513f117\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5c26360e\" data-id=\"5c26360e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-18a4d835 elementor-widget elementor-widget-image\" data-id=\"18a4d835\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"32\" height=\"32\" data-src=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/symbol.png\" class=\"attachment-thumbnail size-thumbnail wp-image-251 lazyload\" alt=\"TRC-Parus Logo\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 32px; --smush-placeholder-aspect-ratio: 32\/32;\" \/><noscript><img decoding=\"async\" width=\"32\" height=\"32\" src=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/symbol.png\" class=\"attachment-thumbnail size-thumbnail wp-image-251\" alt=\"TRC-Parus Logo\" \/><\/noscript>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5121ae3 elementor-widget elementor-widget-heading\" data-id=\"5121ae3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Stop paying 2.9% and more. Join our mission \nto <span class=\"cd-blue\">lower credit card processing fees today.<\/span>\n<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c188906 elementor-widget elementor-widget-text-editor\" data-id=\"6c188906\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tTRC-Parus offers a one-stop-shop for a merchant account and credit card processing. We\u2019ll get you up and running in less than 24 hours.\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6ab08027\" data-id=\"6ab08027\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3165b368 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"3165b368\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-lg\" href=\"https:\/\/trc-parus.ru\/get-started\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get Started<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33e8331c elementor-widget elementor-widget-text-editor\" data-id=\"33e8331c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tOr Call us at <a class=\"cd-blue\" href=\"tel:1-800-818-1402\">1-800-818-1402<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Payment Processing Definitions A glossary for payment processing, accepting credit cards, and general payment industry terms Acquirer A financial institution that processes credit card and debit card transactions. An acquirer is sometimes referred to as a &#8220;payment processor&#8221; even though they are different. ACH (Automated Clearing House) A system that provides bank to bank money [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":295,"parent":3322,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"content-type":"","footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Payment Processing Definitions in the Credit Card Processing Industry<\/title>\n<meta name=\"description\" content=\"A glossary of payment processing industry terms. A full set of definitions so you know the credit card processing jargon.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Payment Processing Definitions in the Credit Card Processing Industry\" \/>\n<meta property=\"og:description\" content=\"A glossary of payment processing industry terms. A full set of definitions so you know the credit card processing jargon.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/\" \/>\n<meta property=\"og:site_name\" content=\"Credit Card Processing and Merchant Account\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/clearlypayments\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-15T17:33:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/young-female-florist-using-a-digital-tablet-in-K8BQFP3-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1441\" \/>\n\t<meta property=\"og:image:height\" content=\"423\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@clearlypayments\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/\",\"url\":\"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/\",\"name\":\"Payment Processing Definitions in the Credit Card Processing Industry\",\"isPartOf\":{\"@id\":\"https:\/\/trc-parus.ru\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/young-female-florist-using-a-digital-tablet-in-K8BQFP3-1.png\",\"datePublished\":\"2020-10-02T15:13:07+00:00\",\"dateModified\":\"2023-06-15T17:33:00+00:00\",\"description\":\"A glossary of payment processing industry terms. A full set of definitions so you know the credit card processing jargon.\",\"breadcrumb\":{\"@id\":\"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/#primaryimage\",\"url\":\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/young-female-florist-using-a-digital-tablet-in-K8BQFP3-1.png\",\"contentUrl\":\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/young-female-florist-using-a-digital-tablet-in-K8BQFP3-1.png\",\"width\":1441,\"height\":423,\"caption\":\"Best payment processors in Canada\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trc-parus.ru\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Resources\",\"item\":\"https:\/\/trc-parus.ru\/resources\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Payment Processing Definitions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trc-parus.ru\/#website\",\"url\":\"https:\/\/trc-parus.ru\/\",\"name\":\"Credit Card Processing and Merchant Account\",\"description\":\"Friendliest Payment Processor on Earth\",\"publisher\":{\"@id\":\"https:\/\/trc-parus.ru\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trc-parus.ru\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/trc-parus.ru\/#organization\",\"name\":\"TRC-Parus\",\"url\":\"https:\/\/trc-parus.ru\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/trc-parus.ru\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/01\/Asset-1@3x.png\",\"contentUrl\":\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/01\/Asset-1@3x.png\",\"width\":2913,\"height\":902,\"caption\":\"TRC-Parus\"},\"image\":{\"@id\":\"https:\/\/trc-parus.ru\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/clearlypayments\",\"https:\/\/x.com\/clearlypayments\",\"https:\/\/www.linkedin.com\/company\/clearlypayments\",\"https:\/\/www.youtube.com\/channel\/UCUCzQokVSCniiISETs-R6mg\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Payment Processing Definitions in the Credit Card Processing Industry","description":"A glossary of payment processing industry terms. A full set of definitions so you know the credit card processing jargon.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/","og_locale":"en_US","og_type":"article","og_title":"Payment Processing Definitions in the Credit Card Processing Industry","og_description":"A glossary of payment processing industry terms. A full set of definitions so you know the credit card processing jargon.","og_url":"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/","og_site_name":"Credit Card Processing and Merchant Account","article_publisher":"https:\/\/www.facebook.com\/clearlypayments","article_modified_time":"2023-06-15T17:33:00+00:00","og_image":[{"width":1441,"height":423,"url":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/young-female-florist-using-a-digital-tablet-in-K8BQFP3-1.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_site":"@clearlypayments","twitter_misc":{"Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/","url":"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/","name":"Payment Processing Definitions in the Credit Card Processing Industry","isPartOf":{"@id":"https:\/\/trc-parus.ru\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/#primaryimage"},"image":{"@id":"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/#primaryimage"},"thumbnailUrl":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/young-female-florist-using-a-digital-tablet-in-K8BQFP3-1.png","datePublished":"2020-10-02T15:13:07+00:00","dateModified":"2023-06-15T17:33:00+00:00","description":"A glossary of payment processing industry terms. A full set of definitions so you know the credit card processing jargon.","breadcrumb":{"@id":"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/"]}]},{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/#primaryimage","url":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/young-female-florist-using-a-digital-tablet-in-K8BQFP3-1.png","contentUrl":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/young-female-florist-using-a-digital-tablet-in-K8BQFP3-1.png","width":1441,"height":423,"caption":"Best payment processors in Canada"},{"@type":"BreadcrumbList","@id":"https:\/\/trc-parus.ru\/resources\/payment-processing-definitions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trc-parus.ru\/"},{"@type":"ListItem","position":2,"name":"Resources","item":"https:\/\/trc-parus.ru\/resources\/"},{"@type":"ListItem","position":3,"name":"Payment Processing Definitions"}]},{"@type":"WebSite","@id":"https:\/\/trc-parus.ru\/#website","url":"https:\/\/trc-parus.ru\/","name":"Credit Card Processing and Merchant Account","description":"Friendliest Payment Processor on Earth","publisher":{"@id":"https:\/\/trc-parus.ru\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trc-parus.ru\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-CA"},{"@type":"Organization","@id":"https:\/\/trc-parus.ru\/#organization","name":"TRC-Parus","url":"https:\/\/trc-parus.ru\/","logo":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/trc-parus.ru\/#\/schema\/logo\/image\/","url":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/01\/Asset-1@3x.png","contentUrl":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/01\/Asset-1@3x.png","width":2913,"height":902,"caption":"TRC-Parus"},"image":{"@id":"https:\/\/trc-parus.ru\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/clearlypayments","https:\/\/x.com\/clearlypayments","https:\/\/www.linkedin.com\/company\/clearlypayments","https:\/\/www.youtube.com\/channel\/UCUCzQokVSCniiISETs-R6mg"]}]}},"_links":{"self":[{"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/pages\/4065"}],"collection":[{"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/comments?post=4065"}],"version-history":[{"count":29,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/pages\/4065\/revisions"}],"predecessor-version":[{"id":19654,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/pages\/4065\/revisions\/19654"}],"up":[{"embeddable":true,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/pages\/3322"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/media\/295"}],"wp:attachment":[{"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/media?parent=4065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}