Credit card terminology

device which interfaces with payment cards to make electronic funds transfers

standard protocol for securing credit card transactions over insecure networks

period immediately after the deadline for an obligation during which a late fee is waived

A mechanical device for transfer of payment card details to paper

4-digit number which enables credit card companies to monitor and restrict transactions

maximum amount of credit that a financial institution or other lender will extend to a debtor for a particular line of credit

with a credit card

fee paid between banks in the payment card industry

Process whereby currency conversion for a card transaction is performed by the merchant or ATM instead of the card issuer

function in a business