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chasepaymentech.com
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Definitions (194)
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CVC2
Card Validation Code - MasterCard term for the three-digit code printed next to the card number in the signature panel and used as part of the authorization process.
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ABA Routing Number
A unique, nine-digit number assigned to each banking institution, used to identify the bank and direct ACH debits and credits. The ABA routing number is usually found at the bottom of a personal or bu [..]
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ACH
Automated Clearing House - group of processing institutions linked by a computer network to process electronic payment transactions between financial institutions.
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accounts receivable conversion
An electronic debit created from a consumer check processed in a lockbox, drop box or other payment receivable processing environment.
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Acquirer
A financial institution that is a member of Visa®
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Address Verification Service
A service supported by Visa, MasterCard, Discover and American Express®
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Altered Card
A card on which the original embossed or encoded information has been altered for fraudulent purposes.
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American Bankers Association
The trade association of American bankers. This body also has the registration authority to assign identification numbers.
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American Express
A company that specializes in the issuance of Travel and Entertainment (T&E) cards. American Express services the cards it issues, serving as its own transaction processor with its own processing [..]
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Application service provider
An organization that hosts software applications on its own servers within its own facilities. Customers access the application via private lines or the Internet. Also called a "commercial servic [..]
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