Payment Related Terms
In this module we will be taking a deep dive into the following subjects:
Address Verification Service
We will explain what the Address Verification Service is.
Gateway, Authorization and PCI
We will go through what these are and how to make use of them.
Payment Service Providers and Third-Party Payment Processors
We will explain exactly what these are and how they are relevant to you.
Chargebacks and Listing Fees
We will briefly look at what these are, along with some other payment related terms.
After Finishing this Module
You will :
• Know what AVS is;
• Know what a Gateway, Authorization and a PCI are; and
• Understand a few more terms as they pertain to this topic.