T

Translation

Translation: The cryptographic process performed within a TRSM whereby encrypted data is decrypted from using one PIN encrypting key and...
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Transaction Time

Transaction Time: The local time at which a STAR Transaction was initiated....
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Transaction Identification Number

Transaction Identification Number: A security value generated by the STAR MoneyGram Money Transfer Service Provider, printed on a receipt for...
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Transaction Fees

Transaction Fees: Service costs charged to a merchant on a per-transaction basis....
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Transaction Date

Transaction Date: The actual date on which a transaction occurs. Used in recording and tracking transactions....
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Transaction

Transaction: Any event that causes a change in an organization’s financial position or net worth, resulting from normal activity. Advance...
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Trace Number

Trace Number: The “Retrieval Reference Number” defined as data element number P-037 in the Technical Specifications....
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Ticket

Ticket: Another name for the sales slip or its ‘monetary value’ that results when a credit card purchase is made....
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Third-Party Processing

Third-Party Processing: Processing of transactions by service providers acting under contract to card issuers or acquirers. Merchant Processors is a...
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Thin Consolidator

Thin Consolidator: One of four models of electronic bill presentment and payment (EBPP). The biller sends summary billing data to...
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