Glossary of key payment processing terms A ABA Routing Number ACH/Automated Clearing House Acquiring Bank Acquirer Reference Number (ARN) Address Verification Service/AVS Associations/Payment Brands/Networks ATM Debit Card Authorization Authorization Code Authorization Only Transaction Authorization Response Average Ticket Size B Bank Identification Number Basis Points Batch or Batch Processing Breach Security Coverage Business Identifier Code (BIC) C Capture Card Not Present (CNP) Card Present Chargeback Chargeback Reason Code Credit Card Credit Card Imprinter Credit Card Processing Credit Card Processor Credit Card Reader D Debit Card Discount Fee Dynamic 3D Secure E Electronic Funds Transfer (EFT) Electronic Wallet Encryption F Fraud Prevention System H High-Risk Business I ICO (Initial Coin Offering) Incumbency certificate Interchange Fee International Bank Account Number (IBAN) Internet-acquiring Issuer/Issuing Bank K Know Your Customer (KYC) M Maintenance cost MDR/TDR Merchant Account Provider/Merchant Services Provider/Merchant Acquirer Merchant Account/Nodal Account Merchant Category Code (MCC) Merchant Dashboard Merchant Processing Agreement (MPA) Merchant Service MID (Merchant ID) or Merchant Account Mobile Credit Card Processing Monthly Minimum Monthly Processing Limit Monthly Processing Volume MOTO (Mail Order/Telephone Order ) P Payment Cards Payment Gateway Payment method PCI DSS Compliance POS POS Terminal R Real-Time Processing Recurring Billing Refund Retrieval Reversal Rolling Reserve S SEPA - Single Euro Payments Area Settlement Smart Routing SWIFT Code