Back Office
– The component of some WebCommerce hosted
shopping carts where a merchant manages his store's
properties, tax tables, shipping tables, categories, products,
their options and values, and orders as well as allows him to
build or delete preview stores and build or delete published stores.
Bandwidth
– The amount of electronic data that can be transferred through an electronic
connection in a given time. For modems connected by telephone to the Internet,
the modem's "speed" represents the maximum possible bandwidth of the
connection, such 56.6 Kps (kilobits per second). Competent Web site operators
strive to keep the size of Web page files low to conserve bandwidth and speed
downloading.
Bank card
– A plastic card that is widely accepted by merchants as a result of a standard
set of rules for the authorization of its use, clearing, and settlement of
transactions, used to credit an account for processing a sales transaction. The
most common bank card is a credit card. Transactions are usually not profitable
for amounts of less than $5 (U.S.); micropayment schemes are designed for much
smaller increments of payment.
Baseline JPEG (JPG)
– JPG files come in three types: baseline, baseline optimized, and progressive. Baseline is an option that you don’t really have to use. It was designed for browsers that we would consider to be ancient these days (such as Internet Explorer version 1). Baseline Optimized, when offered by a program as an option, is usually the way to go. Baseline Optimized offers more compression over standard baseline, and practically every browser today can read such an image. See also JPEG and progressive JPEG.
Batch
- The accumulation of captured transactions waiting to be settled. Multiple
batches may be settled throughout the day. Most payment gateways will auto batch once a day while others hold your money for up to a week.
Batch Close
- The process of sending a batch to the financial institution for settlement.
Browser
- A software program used for locating, requesting, and displaying Web pages.
Examples include Netscape Navigator, Microsoft Internet Explorer, and Opera.