Bank Identification Number (BIN) The first digits — typically the first four digits or first six digits — that
are found on a card from an issuing or acquiring institution as unique
identifiers of that institution
Bank Routing Number The first nine digits at the bottom of a personal check which identify
the financial institution where the account is located
Batch A group of card transactions collected for submitting to settlement to
the merchant’s bank account.
Capture After a card is authorized, a second set of data is passed for the
transaction itself and this is called capture. It signifies that an actual
transaction has taken place and the data is passed to the acquiring bank
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for settlement.
Capture Date The date when a transaction is processed by an acquirer