Glossary
On-us Transaction |
A transaction where the issuer and the acquirer are the same. An “on-us” check would be one in which a depositors check is presented for payment at the same financial institution that carries the account on which the check is written. |
Online Financial Transaction |
A transaction that is authorized, cleared, and settled in a single online message. |
Open To Buy Amount |
Currency amount of credit remaining for customer at the time of authorisation. |
Order Number |
A 17 character alphanumeric field that may be used between the Cardholder and the Merchant for accounting or tracking purposes. |
Overlimit |
This refers to a cardholders account that has surpassed its credit limit with a transaction. |
