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CCV VX 520 Budget Manual

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10 GLOSSARY
Term Meaning
Registration number acquirer
The registration number of a payment card You need this number,
also called Merchant ID, to accept a payment card on your
payment terminal.
Acquirer
A payment service provider or a bank that receives and processes
transactions. This party also provides data for the acceptance of
transactions.
Acquirer parameter session
A communication session with the acquirer host to retrieve
acquirer parameters for the payment terminal. These parameters
determine the types of cards your terminal will accept and how the
terminal handles these types of cards.
Authorisation code
A unique code that you must enter during the performance of the
transaction types: cancellation, sale after reservation, sale referral,
extra reservation and cash advance after referral.
Dutch Payments Association
An association that organises the collective tasks in the national
payment system for its members. The members of the Payments
Association are providers of payment services in the Dutch
market: banks, payment service providers and electronic money
institutions. The Payments Association coordinates the common
tasks of the members in the area of infrastructure, standards and
joint product characteristics. These are focused on an optimised
effective, safe, reliable and efficient payment system.
CVC2 code
A three-digit code applied on the back or front of a payment card
for security purposes.
Dynamic IP address An automatically assigned IP address that may change over time.
Ethernet connection
A connection used to connect devices within a network. Your
payment terminal is connected to the Internet connection via the
Ethernet connection.
EMV standard
An international standard for payments and cash advances with
payment cards.
E-journal
A financial report that contains copies of the receipts of all
transactions performed during a period.
Internet provider
An organisation that provides facilities to individuals and/or
companies with a computer or other device to connect to the
Internet.
Cardholder
The person who is charged money by you for a product and/or
service and who pays for this with a payment card.
Brand relation report
A report that shows what types of payment cards you can accept
with your payment terminal and to which transaction processor(s)
these cards are linked.
Merchant password
The password that protects the access to the merchant menu, and
that must be entered during the performance of certain operations.
Terminal Management System System for managing and maintaining payment terminals.
TMS Terminal ID
A unique identification number for a payment terminal that serves
as a key to access the CCV Terminal Management System.
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