This video does not contain audio Commerce Glossary A comprehensive resource to help you master the language of commerce. Search Close Apply 0-9ABCDEFGHIJKLMNOPQRSTUVWXYZAll Glossary 3 3D Secure A Account Balance Accounts Receivable (AR) ACH Payments Acquirer Acquiring Bank Address Verification Service (AVS) Address Verification System Alternative Payment Methods (APMs) American Express (AMEX) Annual Recurring Revenue (ARR) Authorization Authorization Code Auto-Renewal Automated Clearing House (ACH) Automatic Renewal Automating Recurring Revenue Average Order Value (AOV) Average Revenue Per User (ARPU) B Bank Identification Number (BIN) Billing Currency BOPIS Bundled Rate Buy Now, Pay Later (BNPL) Buyer Persona Buyer Purchase Journey C Capture Settlement Card Issuing Bank Card Not Present (CNP) Card Scheme Card Security Code (CVC, CVV, CID) Card Verification Value (CVV) Cardholder Name Cardholder Verification Method Chargeback Chargeback Dispute Chargeback Fees Chargeback Rate Check Guarantee Checking Account Checkout Churn Rate (Attrition) Clearing Compliance Conversion Rate Credit Card Credit Card Account Number Credit Card Authorization Credit Card Authorization Code Credit Card Interchange Customer Acquisition Customer Churn Customer Lifetime Value Customer Retention D Debit Card Deposit Digital Commerce Digital Currency Digital Goods Digital Services Tax (DST) Digital Wallet Direct Carrier Billing (DCB) Dynamic 3-D Secure E Electronic Funds Transfer (EFT) Electronic Invoice F Fintech Fraud Fraud Management Fraud Score G General Data Protection Regulation (GDPR) Geolocation H Hard Decline Hosted Checkout I Independent Sales Organization (ISO) Independent Software Vendor (ISV) Integrated POS Interchange Fee Involuntary Churn Issuer (Card Issuer) Issuing Bank K Kiosk Know Your Customer (KYC) L Line Busting M Magnetic Stripe Mail Order/Telephone Order (MOTO) Merchant Merchant Account Merchant Agreement Merchant Category Code Merchant of Record Monthly Recurring Revenue (MRR) mPOS Multi-Factor Authentication Multilane (Device) N National Automated Clearing House Association (NACHA) Net Promoter Score (NPS) Net Settlement Bank O Omnichannel Online Shopping Cart Order Fulfillment P P2PE Pay-by-link Payment Card Industry Data Security Standard (PCI DSS) Payment Ecosystem Payment Gateway Payment Processor Payment Service Directive 2 (PSD2) Payment Service Provider (PSP) Payment Settlement Payment Software Development Kit Personal Identification Number (PIN) PIN pad Point-of-Sale (POS) Post-Authorization Pre-Authorization R Receipt Recurring Billing Recurring Transaction Refund S Site Controller Soft Decline Split Payment Strong Customer Authentication (SCA) Subscription Billing Subscription Business Model T Third-Party Processor Tokenization Transaction Transaction Fee Transactional Risk Analysis (TRA) U Unified Commerce V Value-Added Reseller (VAR) Voice Authorization Voluntary Churn W Wi-Fi Image Smiley pictogram black 0 Need help with the world of commerce? Our payment architects are always ready to share industry knowledge and help you with your commerce needs. Contact us Close