Where to Find Industry Terms and Definitions

I am new to the industry and am trying to educate myself on the business. I have been looking on your Web site and on others to find a list of basic industry terms and definitions, but I have not been able to find any. Is there a place where I can find it? Thanks in advance.

Cheers,
Tray Traynor
Advanced Merchant Services

Tray,

A list of common acronyms can be found on our Web site at www.greensheet.com/mlsportal/acronym.html . The Electronic Transaction Association (ETA) also published a book called "Encyclopedia of Terminology for the Acquiring Industry." The books is available on the ETA Web site, www.electran.org . The cost is $50 for ETA members and $75 for non-members.

- Editor

A Suggestion to Look Into High-risk Processing

I'm curious why The Green Sheet pays little if any attention to the high risk side of this industry. I still do a few retail and MOTO accounts, but I spend the majority of my time working with merchants in the travel industry.

I'd like to read about some of the ISOs that deal with high risk, news regarding Visa and MasterCard and how they deal with high risk, pros and cons of offshore accounts, dealing with reserves, etc.

I realize there is a forum for high risk on your site, but I would like to see something more substantial from The Green Sheet itself. Are there other ISOs/MLSs who would be interested in The Green Sheet covering high risk on a regular basis?

- gocards (from the GS Online MLS Forum)

gocards:

Thank you for the story suggestion. We are looking into your ideas and will incorporate them in upcoming issues of The Green Sheet. We also appreciate your taking the time to write us with your suggestions. We welcome story ideas and encourage all of our readers to send them to us. Please submit ideas for future stories to greensheet@greensheet.com.

- Editor