Merchant Account Glossary of Credit Card Terms Credit Report A credit report is ordered for every signing principal on the application, and is used by under-writers to make approval decisions. Humboldt Bank purchases Experian Reports. [...]
credit report
Merchant Account Glossary of Credit Card Terms: ABA to Corporate Resolution ABA (American Banker’s Association) Routing Number This 9-digit ABA-assigned number identifies individual banks. This number is used to facilitate the electronic routing of funds [...]
Merchant Account Glossary of Credit Card Terms Internet Merchant See Business Type ^ Top Issuing Bank An Issuing Bank is any Visa/MasterCard member bank that enters into contractual relation-ships with cardholders for the issuance of [...]