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Transaction a transaction is considered by most credit card processors to take place when a request for authorization or capture is passed through to them. Firewall a series of network security measures that establish and monitor restricted access to a network of servers. Your manufacturer number and entity. Acquiring Bank Merchant Bank The bank that does business with merchants who accept credit cards. TurnKey. Acquiring Bank Merchant Bank The bank that does business with merchants who accept credit cards.
A merchant who handles retail sales transactions, phone fax mail order transactions and Internet transactions will likely have one master merchant ID for his retail store and two additional terminal IDs, one each for his phone fax mail orders and Internet transactions. Options a feature in the WebCommerce Back Office where the merchant defines the options that are offered with his products. Acquiring Bank Merchant Bank The bank that does business with merchants who accept credit cards. Interchange systems are managed by Visa and MasterCard associations and are very standardized so banks and merchants worldwide can use them.
Transactions cannot be captured unless previously authorized, and authorizations cannot be captured until the goods or have been shipped or transmitted to the consumer. Weight threshold a method of charging for shipping. SSL The SSL ( Sockets Layer) Protocol is a protocol developed by Netscape Communications which provides communications between the server and client, preventing others from capturing or viewing the data being exchanged. This area allows them to issue a capture funds request for specific transactions as well as to void transactions.
Realtime credit card processing when a credit card purchase is "authorized" while a shopper is. Check out and add to. Issuer The bank that extends credit to customers through bankcard accounts. A positive authorization results in an authorization code being generated, and those funds being set aside.
Netscape has extensive information on the SSL Protocol. Powerful shipping methods and cost control. Store Builder the component of WebCommerce that automatically creates an store from the information the merchant enters in the WebCommerce Back Office, also called Catalog Creator. free ecommerce shopping cart
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