Specifications

GLOSSARY



1999 LinkPoint® International, Inc. 115 L3FRET1 Reference Manual
GLOSSARY
AC
Alternating Current is used as a primary source of power by
AC adapters and power supplies.
AC Adapter
A device that converts AC electrical current to a different DC
current so that it can be used by a particular device.
Account Number
(1) A unique series or group of digits used to numerically
identify each cardholder. (2) The unique identification
number assigned to the account of a specific party, within a
given institution.
Alphanumeric
Capable of using both alphabetic and numeric characters, as
in a display panel, keypad, or a computer keypad.
Application
A software program designed with special codes, stored in
the memory for a specific purpose or customer.
ATM/Debit
A monetary function that transfers funds from the
cardholder’s ATM/debit account.
Authorization
The process used by card issuers to approve or decline a
transaction request.
Authorization Only
A nonmonetary function that verifies the availability of the
cardholder’s credit and reserves the authorized amount.
Baud
Signaling speed equal to the number of signal events per
second.
Card Reader
The slot on the terminal that automatically reads the magnetic
stripe or bar code on the back of an encoded card (bankcard
or credit card).
Carrier
A frequency signal or tone sent over the telephone or
communication line and modulated by the modem to
transmit/receive data.
Cashback Maximum
Downloaded feature to establish the maximum amount of
cash back allowed by the merchant.
Cashback Minimum
Downloaded feature to establish the minimum amount of
cash back allowed by the merchant.
Close (host response)
The batch was successfully closed and the transactions sent to
the host computer.
Close Batch
A monetary transaction used to summarize the day’s
transactions for electronic deposit to the merchant’s bank
account.