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T&E Card - Cards that are developed for and used primarily in
travel-related services. |
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Debit Card - A bankcard used to purchase goods and services and to obtain
cash, which debits the cardholder's personal checking account. During online debit transactions, the cardholder must
enter a PIN. |
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Stored Value Card - A stored value card is used by a merchant to issue
spending credit to their customers. The merchant's customers are given a magnetic stripe card in exchange for money
received, merchandise returned or other considerations. The card represents a dollar value that the merchant's customer
can either use or give to another individual. There is no security associated with the card itself. The actual record
of the balance on the card is maintained on a stored value card database. Learn more... |
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Private Label Card - A card issued by a merchant that can only be used in
the issuing merchant's business. An example would be a department store credit card. |
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Electronic Checks - Electronic Check Acceptance (ECA) - A process that
converts a paper check into an electronic check at the point of sale. The check is electronically processed through
the ACH network. |
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Electronic Benefits Transfer (EBT) Cards - Plastic cards used in the
automation of government benefits through electronic authorization, data capture and settlement processes. The cards
are used to eliminate paper benefits and coupon distribution. |
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Bill Me Later - Bill Me Later is a straight-forward, credit-based payment option
offered in conjunction with I4Commerce. It is an innovative new payment solution designed specifically to meet the needs of
card-not-present merchants. Learn More... |
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PayPal - PayPal has partnered with Chase Paymentech to offer an integrated payment
solution for qualified* online retailers. This integrated solution is the first comprehensive package created to combine all of
the functionality of Chase Paymentech's robust payment services with the market opportunity of the PayPal customer base.
Learn more... |
