Share this guide:
Navigate the Payments Industry easily thanks to this comprehensive reference guide compiled by Cardinal’s in-house experts. This handy reference guide will provide you with the definitions and terminology you need to understand those obscure acronyms and industry jargon used by banks, card processors, and other key players.
“Payments A to Z” is a comprehensive collection of terms used by individuals within the payments industry. Over 140 different definitions can be found inside the exclusive glossary, allowing you to learn the language of financial transactions.
Beginning with the simplest of terms (i.e. what is a “bank account number”?), this glossary will take you into the world of intimidating acronyms such as ACH (Automated Clearing House) and ABA (American Bankers Association) routing numbers.
The cardholder refers to the person who was issued a credit or debit account accessed through the use of the particular card in question.
Unintentional release of secure information to an untrusted environment is a data breach, while encryption codes data to protect it from unauthorized access.
Routing numbers identify the financial institution associated with a customer’s checking account.
Increased fraud, better systems around the globe, and recent retail data breaches are catalysts for faster rollout of the upgrades commonly referred to as “chip cards.”
Understanding consumer authorization is the key to countering the expected increase of “card-not-present” fraud incidents due to greater EMV card prevalence.
Our experts can fill you in on tokenization. Our 10 years of technology and solutions development in this area place us in the perfect position to answer your questions.
A global leader in enabling authenticated payments, secure transactions and alternative payment brands.
©CardinalCommerce 2018. All rights reserved. Privacy Policy