ABA - American Bankers Association
An ABA number (also known as routing number or routing transfer number) is a sequence of nine numeric characters used by banks to identify specific financial institutions within the United States.
ACH - Automated Clearing House
This payment type is UW's preferred method for domestic electronic transactions. ACH is processed in batches and settles once per day; NACHA is the U.S. regulatory agency for this payment type.
AVS - Address Verification System
AVS verifies the billing address of the cardholder in a card-not-present environment.
CDE - Cardholder Data Environment
This is the people, processes and technology that store, process, and transmit cardholder data.
CT - Cash Transmittal or TC30
This accounting entry is used to record revenue to budgets. Contact firstname.lastname@example.org for any questions regarding Cash Transmittals.
CTI - Cost Transfer Invoice or TC60
This accounting entry is used to charge administrative fees between university departments. Contact email@example.com for any questions regarding Cost Transfer Invoices.
DSS - Data Security Standard
EFT - Electronic Funds Transfer
An EFT can be an ACH or wire transaction.
IBAN - International Bank Account Number
This identifier is used to move funds electronically to bank accounts internationally; U.S. based bank accounts do not have an IBAN number.
ISD - Internal Sales Document or TC65
This accounting entry is used to generate invoicing between university departments. Contact firstname.lastname@example.org for any questions regarding Internal Sales Documents.
JV - Journal Voucher or TC35
This accounting entry is used to move expenses or revenue. It should not be used to record revenue, please see CT. Contact email@example.com for any questions regarding journal vouchers.
MID - Merchant Identification Number
This is the account number associated with processing credit card payments.
PCI - Payment Card Industry
The PCI council was established by VISA, MC, AMEX, Discover and JCB in 2006 to create a set of security measures to protect cardholder data. www.pcisecuritystandards.org
PA - Payment Application
Payment applications can include point-of-sale systems, mobile applications, and websites accepting payments. PA-DSS is a subset of PCI compliance.
A routing number is used to identify the bank for a domestic EFT or a check transaction - it is nine digits long and beings with 0, 1, 2 or 3. Please see "ABA" above.
SAQ - Self Assessment Questionnaire
This is the reporting tool used for PCI Compliance based on your card acceptance environment.
SWIFT Code - Society for Worldwide Interbank Financial Telecommunication
A SWIFT code is used to identify the bank for an international wire transaction; it is not used for wires within the United States. It is a combination of letters and numbers from 8 to 11 characters long.
UPIC - Universal Payment Identification Code
UPIC is an identifier for a bank account in the United States to receive electronic credit payments such as ACH. A UPIC acts exactly like a US Bank account number and protects sensitive banking information.
A wire payment is a domestic or international transaction that has the ability to settle same-day; it is processed as a stand-alone transaction and is not processed in batches ( such as ACH). FedWire, SWIFT, and CHIPS handle transmit and regulate wire transactions.