Glossary of Industry Terms

A • B • C • D • E • F • G • H • I • J • K • L • M • N • O • P • Q • R • S • T • U • V • W • X • Y • Z

Search Term:
Include special terms? Include Show selected special terms only
PCI Related Terms Technical Terms

Hand-Keyed Transaction

The process of keying an account number for a transaction versus swiping a card through a magnetic strip card reader to read the primary account number.

See also Keyed Transaction.

See also Magnetic Stripe Data.

See also Swiped Card.

A highly suspect merchant is one who has a disproportionately large amount of questionable transactions in relation to the total business conducted over a fixed period of time. While many factors are used to determine whether or not a merchant is suspect, highly suspect or not suspect at all, the single most damaging category are transactions that were recorded on or near a date that a credit card was reported lost or stolen.

hold back) A portion of the revenue from a

See Rolling Reserve.

Holdback

See Reserve.

Host

(PCI) (Technical) See Host computer.

Host capture

The automatic composition of a batch- file for the processor of payments or the payment gateway

Host computer

(PCI) (Technical)

Main computer hardware on which computer software is resident.

In terms of eCommerce, the computer on which a web site is physically located, normally the Internet Service Provider (ISP).

In terms of a POS device, the computer responsible for the authorization and completion of the transaction.

(PCI) (Technical) See also Client.

(PCI) (Technical) See also Hosting Provider.

Hosting Provider

Offer various services to merchants and other service providers. Services range from simple to complex; from shared space on a server to a whole range of “shopping cart” options; from payment applications to connections to payment gateways and processors; and for hosting dedicated to just one customer per server.

Hotel

See Business Type.

HTTP

(PCI) (Technical) See Hypertext transfer protocol.

HTTPS

(PCI) (Technical) See Hypertext transfer protocol – Secure Connection.

Hyperlink

(Technical)

An active cross-reference from one resource to another. The cross-reference is called active because it is presented in a medium which allows the reader to follow it, for example by mouse-clicking it. A reader can follow hyperlinks in an HTML document using a Web browser, or navigate through online help, or follow hyperlinks between terms defined in a glossary.

Hypertext transfer protocol

(PCI) (Technical)

HTTP is a client/server protocol for delivering hypertext material across an internet. HTTP is stateless: when a client makes multiple requests to a single HTTP server, each request is treated independently. HTTP servers do not remember the earlier requests. The stateless protocol allows HTTP servers to respond to requests quickly.

Most web sites communicate with users via this protocol.

(PCI) (Technical) See also Hypertext transfer protocol – Secure Connection.

Hypertext transfer protocol – Secure Connection

(PCI) (Technical)

A variant of HTTP for handling secure transactions. Browsers that support the URL access method, "https", connect to HTTP servers using SSL. "https" is a unique protocol that is simply SSL underneath HTTP. Use "https://" for HTTP URLs with SSL and "http://" for HTTP URLs without SSL. The default "https" port number is 443.

(PCI) (Technical) See also Hypertext transfer protocol.

A • B • C • D • E • F • G • H • I • J • K • L • M • N • O • P • Q • R • S • T • U • V • W • X • Y • Z

PE Systems has analyzed approximately $300 billion in revenue for our clients (over a quarter of a trillion dollars and counting).

Contact us today and let our patented and proprietary analytics find savings for you too!
or click below to send an email to us at: information@pesystemscorp.com

Not only did PE Systems find that we were being overcharged, they pointed out very simple changes that we could do, that would keep us at the lower rates.
Clatsop Community College

Click the icon below to view an image of the letter.

Clatsop Community College
1653 Jerome Avenue
Astoria, OR 97103-3698

To Whom It May Concern:

For years we suspected that we were being overcharged by our credit card processor. However, no one here had the time or knowledge to get at the details behind our monthly processor charges. PE Systems Inc. stepped in and found the information for us. They then negotiated with our processor to get us the lowest rates possible. Additionally, they got the credit card processor to refund some of the overcharges. Not only did PE Systems find that we were being overcharged, they pointed out very simple changes that we could do, that would keep us at the lower rates.

I strongly recommend the services of PE Systems Inc. if you wish to be assured that you are receiving the best credit card processing rates possible for your business.

Sincerely,
...

Click to verify BBB accreditation and to see a BBB report.