Credit Card Glossary: Terms and Definitions
Card-not-present (CNP) transactions
Credit or debit card transactions in which the merchant does not see or touch the card. Usually conducted online or over the phone. They are considered less secure transactions, since the merchant cannot see the card. Card processors charge higher fees for card-not-present transactions to compensate for the higher fraud risk involved.
Terms from A-Z
Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and definitions.