Payment Glossary

Virtual Terminal

A virtual terminal enables the ability to accept electronic credit card, debit card, and ACH transactions over nearly any Internet-enabled device. Learn More

Related Terms

  • ACH Credit

    An ACH credit occurs when the receiver’s account is credited.

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  • CBR (Cross Border Payments)

    A standard entry class code used for the transmission of corporate cross border ACH credit and ACH debit entries. The CBR format accommodates the exchange of information...

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