Billing Circle

All 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Word Description
ACH Automated Clearing House - Same as eCheck.
Active Only clients set to status "Active", with billing schedules set to "Active" will process.
AVS Address Verification System. A one character code returned by credit card processors signifying how closely a physical address matches a credit card number.
Billing Adjustment Billing Adjustments change the amount charged on the schedule's next interation
Billing Schedule A recurring or single charge associated with a client. A client may have any number of schedules.
Company ID A unique value used to login to Billing Circle.
CSV Comma Separated Values
Declined A credit card or ACH/eCheck transaction can fail for several reasons. Billing Circle attempts to re-charge the card once a day, until the transaction becomes Outstanding.
eCheck Direct debit from checking and savings accounts.
Gateway The gateway facilitates communications between Billing Circle and the Merchant Account.
Mail-Merge When configuring emails, variables can be specified and will be replaced with client specific values.
Manual Billing A client with billing type "manual" has no credit card on file, and transactions never reach your merchant account or bank. This allows you to manage clients who pay by check, wire transfer, etc within Billing Circle.
Merchant Account A merchant account facilitates communications between the Gateway, and the credit card establishment such as Visa or American Express.
My Account Billing Circle supports a login area for your clients to view their billing information, update their details, and manage their account. This area is referred to as the "My Account", or "Client Login" area.
Outstanding Once a declined transaction re-attempts to charge a specified number of times (defined under Settings > Outstanding Trans), the transaction becomes Outstanding and will require intervention to continue processing.
PDF Adobe Acrobat
Resubmit Once a transaction becomes Outstanding, you have the option to close out and cancel, or Resubmit the transaction. Once resubmitted, the transaction will continue attempting to charge until it succeeds, or becomes Outstanding once again.
XML Extensible Markup Language