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Glossary

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ECI- (Electronic Commerce Indicator) Data passed to identify Internet transactions.

EDC- (Electronic Draft Capture) A system in which each transaction is routed to the host computer for processing and storage. The storage transactions are used to create settlement files and transaction reports.

Encryption- The process of encoding the pin pad with the processors configuration and key injection for the purpose of accepting debit cards.

EPROM- (Erasable Programmable Read Only Memory) A hard coded chip that has the ability to burn a program into it. Once the program is burned in, no alterations or changes can be made only the ability to read what is installed in the program.