Business Day Card Association Encryption 
BNG Payments
FEBRUARY 4, 2022
In addition to online payments, if an organization wants to accept offline donations via credit cards, a merchant account is used alongside a hand-held credit card reader. A card association is a group of banks that sets the terms for all credit card transactions.
PayHawk
APRIL 18, 2023
Batch A group of transactions that are processed together at the end of a business day. BIN Sponsorship A service provided by payment processors that enables merchants to accept payment cards from multiple card issuers. C Card Association A network of financial institutions that oversee payment card transactions.
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