Knowledge base 2

Merchant Services Icon on HMS Knowledge BaseThis is the collected archive of The Host Merchant Services Knowledge Base effort. Payment processing can be confusing with its myriad of buzzwords and industry terms. HMS wants to make the payment processing industry clear and transparent so that our customers know exactly what is on their statement. We want to remove any and all confusion merchants might have about how the industry works. Host Merchant Services promises: the company delivers personal service and clarity. So through this Knowledge Base we are going to take the time needed to explain how everything works.

Industry Terms, Part 2

Just click on the link to go to the full entry for each of these specific industry terms:

Merchant Account

Merchant Cash Advance

Mobile Payment Processing

Monthly Minimum Fee



Near Field Communication

Partial Authorization

Payment Gateway


Point of Sale

QR Codes

Revenue Share

Small Ticket Programs

Transaction Integrity Fee

Virtual Terminal

Go Back – Knowledge Base, Part 1