CCV VX 680 User Manual
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Contents
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CID088A/03012013 Page 50 of 5210 TERMS AND DEFINITIONSTerm DefinitionAcquirer A payment institution or bank that receives and processestransactions. An acquirer also issues information required for theacceptance of transactions.Acquirer Merchant ID The Merchant ID for a payment card. You need this number toaccept a payment card on your payment terminal.Acquirer parameter session A communication session with the acquirer host for the purpose ofretrieving acquirer parameters for your payment terminal. Theseparameters determine which cards are accepted by your terminaland how the terminal handles these cards.Authorisation code A unique code that you are required to enter when carrying out thefollowing transaction types: cancellation, sale after reservation,sale referral, extra reservation, and cash advance after referral.Card allocation report A report listing the types of payment cards accepted by yourpayment terminal, and specifying the transaction processor(s) towhich these payment cards are allocated.Card holder A person to whom you charge money for a specific product and/orservice, and who pays for that product and/or service with apayment card.Currence An organisation that certifies data communication providers withrespect to transactions with ‘Chipknip’ stored-value cards.CVC2 code A three- or four-digit code printed on the front or back of apayment card for security purposes.Dutch Payments Association The Dutch Payments Association (Betaalvereniging Nederland)organises collective activities in the national payment system onbehalf of its members. The Association’s members are providersof payment services in the Dutch market, i.e. banks, paymentinstitutions and electronic money institutions. The Associationcoordinates the collective activities of its members in the area ofinfrastructure, standards and shared product features. Theseactivities are aimed at ensuring an effective, secure, reliable andefficient payment system.Dynamic IP address An automatically assigned IP address that can change over time.E-Journal A financial report consisting of copy receipts of all transactionscompleted during a specific period.EMV standard An international standard for payment transactions and cashadvances using payment cards.Ethernet connection A connection used to interconnect devices in a network. Yourpayment terminal must be connected to the Internet via anEthernet connection.Internet Service Provider An organisation that provides facilities to private individuals and/orenterprises for the purpose of connecting a computer or otherdevice to the Internet.Merchant password A password that restricts access to the merchant menu and thatmust be entered to perform specific actions.Static IP address An assigned IP address that is not subject to change over time.Terminal Management System A system for the management and maintenance of paymentterminals.TMS Terminal ID A unique payment terminal identification number that serves as akey providing access to the CCV Terminal Management System.Totals report A financial report listing the totals for all transactions carried outduring a particular period, specified according to transactionprocessor, type of payment card and transaction type. |
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