CCD (Corporate Credit or Debit)

A CCD entry is a credit or debit entry where funds are being transferred between two corporate entities.

Related Terms

  • ACH

    Automated Clearing House - ACH is a reliable electronic funds transfer (EFT) system governed by National Automated Clearing House Association (NACHA).

    Learn More

  • Discount Rate

    Merchants are charged a fee for the processing services that enable them to accept cards as payment. This fee, called the "merchant discount” or "discount rate,” is...

    Learn More