# Vocabulary ### Payment terms A general list of terms specific to the payment industry. #### A * **Authorizing payments**: The process of verifying cardholder information and checking funds to securely approve transactions. #### C * **Card present**: Transactions where the physical card is present during the payment process, typically requiring a card reader. * **Consent**: Permission granted by the customer to store their card information for future transactions. * **Crediting (refunds)**: The return of funds to a customer's account after a transaction has been completed, typically occurring when a product is returned or a charge is disputed. #### I * **ISVs (Independent Software Vendors)**: Companies that develop software applications that may integrate with payment processing services. #### M * **Manual entry (card not-present)**: The process of accepting payments by manually entering card details. * **Merchants**: Businesses or individuals that sell goods or services and accept payments from customers. #### P * **PayFac (Payment Facilitator)**: A service provider that allows merchants to accept payments without needing to establish a direct relationship with a payment processor. * **Payment processor**: A company that handles transactions between the merchant and the customer's bank, facilitating payment processing. #### R * **Recurring payments (payment plans)**: Automated scheduling of regular payments over time, ideal for subscriptions or installment plans. * **Reporting**: The generation of summaries and analyses of transaction data to help merchants track financial activities and manage cash flow. #### S * **SaaS providers**: Companies that offer software solutions delivered over the Internet, often including payment processing functionalities. * **Settlements**: The finalization of a transaction by transferring funds from the buyer to the seller. * **Store card on file**: The secure storage of a customer's card details for future transactions, often requiring annual consent. * **Surcharge payments**: An extra fee added to the transaction amount by businesses. #### V * **Verifone**: A brand of payment terminals and devices used for processing card present transactions. * **Void (reversal)**: This act will cancel a previously approved authorization prior to nightly settlement *** ### Number terms A list of terms specific to Number services or other terms in context of Number services.. #### A * **Account code**: The unique key which represents your Number account. This code will never change throughout the life of your account. Each Account Code is 2 letters and 7 numbers. #### C * **Client Admin Portal**: A web interface for managing Virtual Terminal users and API tokens, allowing administrators to create, modify, and remove user accounts while ensuring secure access through two-factor authentication. #### L * **Lockouts**: A lock caused by entering incorrect password or username 6 times in a row when attempting to authenticate. Depending on the source and type of the lockout, a single Virtual Terminal user might be locked out or everyone in your office. #### M * **MID (Merchant ID)**: Each Number account can support multiple merchant records, each with their unique identifier. Each record can be a separate location center which will generate a separate daily settlement report. #### P * **PayForm**: A modern tool for securely collecting cardholder data, allowing customization and real-time updates to your system. #### S * **Session key**: A unique key used for authentication in API calls. This key is generated upon successful authentication and must be included in all subsequent requests. #### T * **Token**: A 32-characater hexadecimal string generated from the Client Admin Portal which acts as a password when authenticating to our APIs. Tokens expire after a 2 year period and can be renewed from the Client Admin Portal. #### V * **Virtual Terminal**: A web application that provides various credit card processing functionalities, including authorizations, voids, credits, and reporting. #### W * **Widget 3DES encryption key**: Encryption key used in conjunction with 3DES cryptography to encrypt data for use in our web widgets. Each integrator is assigned a unique key and an index. * **Widget AES encryption key**: Encryption key used in conjunction with AES cryptography to encrypt data for use in our web widgets. Each integrator is assigned a unique key and an index. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.number.tech/documentation/resources/vocabulary.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.