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.

Bankcard

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

Bank Identification Number (BIN)

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

Automated Fuel Dispenser (AFD)

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