-
Contact-Free Payment
Contact-free payments are transactions processed in a manner that removes the physical interaction between the purchaser and the merchant. A contract-free payment can be accomplished through a...
Learn More
Merchant Account
An account opened through a payment processor or financial institution that allows payees to accept credit card payments from a payer.
Related Terms
-
IVR (Integrated Voice Response)
Integrated voice response or integrated voice recognition are payment systems that use the telephone to automate the capture of transactional information from a payer. Payers may either...
Learn More
