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 8 names in this directory beginning with the letter V.
VALID CARDValid or valid card; genuine card; identification details of a valid or genuine card.
Velocity FiltersVelocity filters monitor specific data elements (like email address, phone number and billing/ shipping addresses) and limits the number of transactions that a website can process in a certain time frame (e.g., an hour, a day) using this data. The effective use of velocity filters relies on a merchant understanding their good customers and knowing how large and how frequent their purchases usually are.
VerificationVerification is a process of confirmation of totals within a particular batch file. It is submitted to processing to a third party such as bank or processor.Verification information can be submitted in three ways: (1) via a phone call to the bank – gateway owner makes a call to provide file totals; (2) via an email notification sent to the bank – gateway sends an email with file totals that is automatically generated by the gateway;(3) via a file generated and uploaded to the bank – gateway generates a verification file and uploads it to the bank’s SFTP.
Verification FileVerification file is a file used for confirmation of totals within an associated batch file. The information is generally used by a bank to confirm the accuracy of a batch file that has to be processed. Verification file is used for processing of both batch and remittance files. Verification file is a part of verification process.
Verified by VisaVerified by Visa helps ensure the legitimate cardholder is the one making online purchases by working behind the scenes to analyze a customer’s purchase and compare it against usual payment behavior. If customers are using a new device, Verified by Visa may require a second authentication step — either a password or a code sent to the customer’s mobile phone — before the purchase is processed.
Virtual Payment TerminalWeb-browser-based access to an acquirer, processor or third-party service provider website to authorize payment card transactions. Unlike physical terminals, virtual payment terminals do not read data directly from a payment card. The merchant manually enters payment card data via the securely connected web browser. Because payment card transactions are entered manually, virtual payment terminals are typically used instead of physical terminals in merchant environments with low transaction volumes.
VNEDRENETSA member of an organized criminal group from among the employees of a merchant, acquirer or issuer.
VoidVoiding is a transaction that cancels a purchase that has not been completed.
