Glossary
All the key terms and jargon you need to know
Acronym | Definition |
---|---|
3DS | 3D Secure |
API | Application Programming Interface |
ATV | Average Transaction Value |
AIBMS | Allied Irish Bank Merchant Services |
AML | Anti Money Laundering |
AVS | Address Verification Service |
CP | Card Present |
CNP | Card Not Present |
CVV/CV2 | Card Verification Value (3 digits on back of card) |
ECOM | E-Commerce |
EMS | Elavon Merchant Services |
FDMS | First Data Merchant Services |
MID | Merchant ID |
MOTO | Mail Order Telephone Order |
MPL* | Merchant Potential Liability* |
MSC | Merchant Service Charges |
NDF | Next Day Funding |
NDX* | Non-Delivery Exposure* |
PCI DSS | Payment Card Industry Data Security Standard |
POB | Proof of Bank |
POTA | Proof of Trading Address |
SCA | Strong Customer Authentication |
TID | Terminal ID |
VT | Virtual Terminal |