iGaming Payment Processor & Crypto Gateway
Payment gateway is a third-party between merchants and customers that securely take the money from customers and send it to merchant’s bank account. It is a virtual equivalent of a physical point-of-sale terminal that located in most of retail outlets. Payment gateway performs the important role in processing and authorizing the payment or transactions between customer and merchants. As for crypto payment gateway enables merchants to use Bitcoin and altcoins for their business and also to accept payments in traditional currencies such as USD, Euro, etc. The bitcoin payment service instantly converts the received bitcoins into the currency of your choice, eliminating the volatility risk. The money gets added to your account, and it finally gets credited to your designated bank account at the decided frequency once the accumulated account crosses the threshold limit.
There are currently 9 names in this directory beginning with the letter B.
B2B (Business to business payment)B2B payments usually include those made between two companies engaged in commercial activities.
B2P (Business to person payment)B2P payments include salary payments.
BALANCE & TRANSACTION LIMITSLimits placed on a financial services account, including E-Money accounts, such as limits on maximum balance, maximum transaction amounts and transaction frequency.
BatchA collection of transactions that are processed together. Batch is part of batch processing, which is used in two situations: (1) Real-time batches - used for the settlement of pre-authorized transactions; (2) File batches - used to process together card-not-present transactions (authorization and settlement) of recurring nature, such as bill payments, subscription payments, etc.
Batch ProcessingThis is a type of data processing in which a certain set of transactions is processed at a time.
Batch Transaction CycleSubmission of a collection of transactions associated with a particular merchant account provided in a single batch file.
BIN (Bank Identification Number)The first six digits (or more) of a payment card number that identifies the financial institution that issued the payment card to the cardholder.
BIOMETRIC IDENTIFICATION SYSTEMA system that facilitates the identification of a person through biometric verification or by evaluating one or more distinguishing biological traits, such as fingerprints, hand geometry, earlobe geometry, retina and iris patterns and voice
Business Need-to-KnowThe principle that access to systems or data is granted by a user’s business need—only what is necessary for a user’s job function.
