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Sticky Glossary

Your go-to guide for comprehensive definitions and information about common terms used within the ecommerce industry.
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Payment Processing

What is a BIN?
BIN (Bank Identification Number) is the first 6-8 digits of a payment card number that identifies the issuing bank, card type, and geographic location for transaction routing and processing.
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What is CVV
CVV (Card Verification Value) is a 3 or 4-digit security code printed on payment cards, used to verify that the person making an online or phone transaction physically possesses the card.
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What is ACH?
ACH (Automated Clearing House) is an electronic network that processes batches of credit and debit transactions in the US, enabling direct bank-to-bank transfers like direct deposits and bill payments.
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