S
Switch
Switch: An electronic mechanism that routes transaction data from a point-of-sale terminal to the authorizing data processor for approval of...
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Suspect Transaction
Suspect Transaction: A transaction that occurs one day prior to or following the account number being listed in the combined...
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Supplement
Supplement: An agreement between STAR and a Member electing to participate in the No Convenience Fee Program....
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Support Documentation
Support Documentation: The forms necessary to effect a chargeback processing cycle, and any additional material to uphold a dispute....
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Submission
Submission: The process of sending batch deposits to Merchant Services for processing. This may be done electronically or by mail....
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Strip Off
Strip Off: The process of separating transactions during submission of a batch for settlement. For example, Merchant Processors strips off...
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Stored-Value Card
Stored-Value Card: A pre-paid payment card that stores a monetary value from which the purchase amount is deducted from the...
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Status Change
Status Change: A non-monetary change such as an account change or update, i.e., new merchant address....
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Start Up Kit
Start Up Kit: Supplies shipped to new merchants including sales slips, credit slips, batch header tickets, return envelopes, VISA/MasterCard decals,...
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