Merchant Account Terms & Definitions

A - B - C - D - E - F - G - H - I - L - M
N - O - P - R - S - T - V
F

Federal Tax ID Number. A 9-digit number assigned by the IRS for tracking business taxes. Federal Tax ID number is required from all applicants. Some smaller merchants may use their Social Security Number instead of a Federal Tax ID number.

Fleet card. A payment credit card designed mainly for fueling, repairs and maintenance of business vehicles. Fleet cards are normally used to provide specialized reporting.

Footer. A customizable text printed at the bottom of a sales draft.

Fraud Investigation. The process of identifying fraudlent merchant or cardholder activity.

Sponsored Links

Your Ad Here

Sub Menu