Transaction
Merchant Account Glossary
T
Transaction
Any communication or exchange of information between a merchant?s terminal and the processor or acquiring bank.
The information provided on Merchantcouncil.org is meant for informational purposes only and is posted without warranty. It does not replace or amend any information or guidelines set forth by card brands. Merchantcouncil.org does not provide electronic processing services. Please see our full terms of use.
Copyright © 2004-2010 MerchantCouncil.org. All Rights Reserved.

Join Newsletter