Electronic Data Capture Terminal definition
Electronic Data Capture Terminal or “EDCT” means the machine provided by the Bank or a person other than the Bank to the Merchant which enables the Merchant to electronically process transactions carried out through the Card;
Examples of Electronic Data Capture Terminal in a sentence
In cases, where the Merchant is equipped with the Electronic Data Capture Terminal ("EDCT"), allowing access to the Bank's Authorization Processing System ("the System") the Merchant shall obtain authorization through the EDCT for every transaction.