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Glossary of Electronic Payment Processing Terms
Please select a letter corresponding to the word you are wanting defined.

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Gateway
Manages the electronic connection between consumers and their financial institutions and transmits data.


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Gift Card
A reusable, stored-value card that enables merchants to have an electronic alternative to paper gift certificates.


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Good Faith
An attempt by a card association member to resolve a dispute with another member in writing. A good-faith attempt at resolution must be made before filing a compliance case.


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