What do you understand by the Acquirer? The acquirer, also recognized as a credit card bank, obtaining bank or mercantile bank supposed to be a bank or monetary institution, approved as an affiliate of a card association, for example, Visa Read More
What do you understand by E-commerce? E-commerce also recognized as electronic commerce or you can say internet commerce, states to the buying as well as selling of things or products while using the internet, and the handover of cash and Read More
API is the abbreviation used for Application Programming Interface, a kind of software intermediary that lets two applications to chat with each other. Every time you perceive an app such as Facebook, send a prompt memo or check the climate Read More
Virtual Terminal As a Point of Sale mechanism A Virtual Terminal is essentially the web form of a corporeal credit card station or else Point-of-Sale (POS) mechanism. It is a kind of software claim that is held online, generally on Read More
Kinds of Merchant Accounts Explained It is necessary to understand the diverse kinds of Merchant Accounts for a better understanding. In the payment processing industry, every dealer is categorized into a definite “merchant account kind” category, on the basis of Read More
What do you understand by Third Party Merchant Accounts? Third Party Merchant Accounts are described as firms that consider and obtain credit as well as debit card outgoings on behalf of your corporate. For example, PayPal is the third-party merchant Read More
