A | B |
C | D | E |
F | G | H |
I | J | K |
L | M | N |
O | P | Q |
R | S | T |
U | V | W |
X | Y | Z
|
T&E Cards
Cards that are developed for and used primarily in travel-related services.
|
back to top
|
T&E Merchant
An airline, car rental company or lodging establishment with a primary function of providing travel-related services.
|
back to top
|
TCS
Terminal Capture System - the process
in which transactions are stored in the terminal until the batch is settled to the host. Most often used in restaurant
applications where tip adjustments need to be made.
|
back to top
|
TEL
An electronic debit from a consumer's bank account based on oral authorization by phone. A company can only initiate the telephone
call when there is an existing relationship with the consumer.
|
back to top
|
Telemarketing
Selling goods or services over the phone, for payment by credit card.
|
back to top
|
TID
Terminal Identification Number - number
identifying a merchant to the front-end network.
|
back to top
|
Track One
Track One information, stored on the magnetic stripe on the back of a card, has the cardholder's name in addition to the
account number and expiration date stored in it.
|
back to top
|
Track Two
Track Two information, stored on the magnetic stripe on the back of a card, has the account number and expiration date.
|
back to top
|
Transaction
Any action between a cardholder and a merchant or member that results in activity on the account, such as a purchase, cash advance or credit.
|
back to top
|
Transaction Date
The actual date on which a transaction occurs.
|
back to top
|
Transaction Fee
The amount a merchant pays per transaction for processing.
|
back to top
|
A | B |
C | D | E |
F | G | H |
I | J | K |
L | M | N |
O | P | Q |
R | S | T |
U | V | W |
X | Y | Z
|
