A demand for payment sent electronically over a network by a buyer (generally a consumer) to a seller (generally a merchant) and sent on over a network to the seller's bank and thence to the buyer's bank. See ADC. See EDI in the hard copy dictionary.)

<< Back   |   Dictionary Home

Maximizing Business Potential

McAfee Secure sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams
Cancel ×