What is ELECTRONIC DATA CAPTURE?

Merchant account provider, or some other credit card transaction processor using point-of-sale terminals, or a specialized software for online transaction, for submitting and validating credit card transactions See also automatic data capture.

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Related Legal Terms
AUTOMATIC DATA CAPTURE, DATA CAPTURE, ELECTRONIC DATA PROCESSING (EDP), ELECTRONIC DATA INTERCHANGE (EDI), ELECTRONIC DATA GATHERING AND RETRIEVAL (EDGAR), ELECTRONIC DATA PROCESSING COVERAGE, ELECTRONIC DATA INTERCHANGE FOR ADMINISTRATION, COMMERCE, AND TRANSPORTATION (EDIFACT), ELECTRONIC SOFTWARE DISTRIBUTION, ELECTRONIC TRANSFER, ELECTRONIC FUNDS TRANSFER AT POINT-OF-SALE (EFT-POS)


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