-
Merchant Account
An account opened through a payment processor or financial institution that allows payees to accept credit card payments from a payer.
Learn More
CIE (Customer Initiated Entry)
A standard entry class code that enables a consumer to initiate an ACH credit into the ACH network whereby funds will be transferred to a company for payment of funds owed to that company. CIE entries are limited to credit applications.
Related Terms
-
OCR (Optical Character Recognition)
A technology that enables you to convert different types of documents into editable and searchable data.
Learn More