Saturday, June 27, 2009

Batch Processing

Batch processing is a type of data processing operation and data communications transmission where related transactions are grouped together and transmitted for processing, usually by the same computer and under the same application. It is generally regarded as non–real-time data traffic comprising large files, as a type of data traffic where response time is not critical.

Saturday, June 20, 2009


Bankcard is a payment card issued by a bank or other financial institution, such as a MasterCard or Visa card.

Saturday, June 13, 2009

Bank Identification Number (BIN)

Bank Identification Number (BIN) is a unique six-digit number assigned by the Credit Card Associations to identify acquiring banks.

Sunday, June 7, 2009

Automated Fuel Dispenser (AFD)

Automated fuel dispenser (AFD) is a terminal device used to accept payment for fuel at a petroleum service station.