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Merchant account IQ

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Merchant Account Terms

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	Merchant Account IQ
	All About Merchant Accounts
	Accepting Credit Cards Online
	Merchant Account Rates & Fees
	Merchant Account Requirements
	Best Merchant Account Providers
	Compare Merchant Accounts
	Choosing a Merchant Account
	Setting up a Merchant Account
	Apply For FREE Merchant Account
	Merchant Account Terms A-Z
	Payment Gateways Processing
	Wireless Credit Card Processing
	Avoid Credit Card Fraud
	Credit Card Terminals
	International Merchant Accounts
	Merchant Account vs. PayPal
	e-Commerce Web Hosting
	Merchant Account Charge Backs

Bank card
A plastic card encoded with customer account information that is accepted by merchants and used to credit accounts for processing sales transactions. Credit cards are the most common type of bank card.

Batch
A single day’s series of credit card transactions. Some terminals and real-time processors collect all of the transactions and then do a batch at the end of day. Others processors batch them throughout the day. Some processors will batch your transactions automatically for you.

Batch close
The process of submitting a batch of credit card transaction information to a financial institution for settlement. Sometimes also called "batching out".

Batching out
Batching out is an industry term for the exchange of transaction data between the merchant and cardholder's banks, which results in the deposit of funds into the merchant's account. This takes place at end of business day.


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Better Business Bureau
A non-profit, member-funded organization of thousands of US businesses dedicated to building fair and honest relationships between businesses and consumers. The BBB uses news alerts, databases, and other methods to maintain an ethical business environment. This can be a great source of information when “checking up” on a company you’re considering doing business with. You’ll also want to maintain a positive standing with the BBB in your own business.

Biometrics
The use of measurable living traits (such as fingerprints) as a way to control access to secured information, locations, etc. Generally used in place of, or in addition to passwords or other ID verification systems.

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Merchant Account IQ - All About Merchant Accounts - Accepting Credit Cards Online - Merchant Account Rates & Fees

Merchant Account Requirements - Merchant Account Terms A-Z - Best Merchant Account Providers

Comparing Merchant Accounts - Choosing a Merchant Account - Setting up a Merchant Account

Payment Gateways Processing - Merchant Account Charge Backs - Avoid Credit Card Fraud - Credit Card Terminals Machines International Merchant Accounts - Merchant Account vs. PayPal - Wireless Credit Card Processing

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