B
Business Card
Business Card: A bankcard issued to companies for use by company employees. The liability for abuse of the card typically...
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Business Day
Business Day: A day on which a Federal Reserve Bank to which a Member may send applicable items for presentment...
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Browser:
Browser: Short for ‘Web Browser,’ the tool (program) that allows users to surf the Web. The most popular Web browsers...
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Biller Direct:
Biller Direct: One of four models of electronic bill presentment and payment (EBPP). A biller establishes an electronic billing capability...
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Biller
Biller: A company or organization that sends a bill or statement to a consumer, usually requesting payment for a product...
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Billback
Billback: A means of recovering or reducing interchange fees for transactions clearing differently than planned. The processing company (FDC) passes...
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Bill Service Provider (BSP)
Bill Service Provider (BSP): An agent of the biller that provides an electronic bill presentment and payment service for the...
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Bill Payment Service Provider (BPSP)
Bill Payment Service Provider (BPSP): A financial institution or non-financial entity acting as an intermediary between the biller and consumer...
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Bill Payment Provider (BPP)
Bill Payment Provider (BPP): An agent (usually a financial institution) of the biller that originates and accepts payments on behalf...
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Bill Payment Authentication Program
Bill Payment Authentication Program: An Authentication Program for STAR Utility Bill Payments initiated via VRU or the Internet whereby the...
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