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Definitions

Definitions

TermDescriptionExample
TokenAlphanumeric string representing stored encrypted payment data including cardholder, credit card number, expiration date, zip coded5e04517-b340-4c0b-a9e6-b8bc210300bd
AuthorizeRequest approval from customers card issuer to transfer funds to merchant.
CaptureTransfers a customer's funds after authorization has been granted.
CreditApply's a dollar amount to a customer's credit card that was not originally obtained through a sale.
RefundReverses a previously settled transaction amount back to a customer's credit card.
SaleSubmitted transactions that are queued for settlement.
VoidCancels existing sales or captured authorizations that have not been settled yet.

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