Acquiring Bank

A bank or financial institution that accepts debit or credit card Transactions for a cardholder. How Does an Acquiring Bank Work? Acquirers/Acquiring Banks are registered members of a card network,…

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HTTPS

A communications protocol for secure communications over a computer network. How Does Hypertext Transfer Protocol Secure (HTTPS) Work? Hypertext Transfer Protocol Secure, abbreviated as HTTPS, provides authentication for websites and…

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PCI DSS

PCI DSS is  short for Payment Card Industry Data Security Standard .It is  a mandatory set of rules and regulations created by The PCI Security Standards Council to ensure customers' cardholder data is stored,…

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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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