Payments Definitions Glossary

What is Deferred Billing?

Deferred Billing is when the merchant obtains bank authorisation whilst holding the settlement process so additional customer checks can be made prior to receiving payment.

NETBANX offers Deferred Billing

At NETBANX we provide this additional safeguard, permitting you to vet orders and decide whether to accept a payment, reducing the risk of fraudulent transactions on your site.

Find out more about NETBANX's leading fraud and security technology for online businesses.

Get started today. Contact NETBANX.

More Payment Definitions

Asking yourself "what is PCI Compliance"? Find out about more payment terminology from our payments glossary, including what is: 1-Pay Direct | 3D Secure | Acquiring Banks | Address Verification System | Bureau Service Provider | Credit Card Payment Provider | Credit Card Processing | Credit Card Processor | Debit Card Processing | Deferred Billing | Dynamic Currency Conversion | Electronic Payments | ELV Payments | Giropay Payments | Internet Merchant Account | Merchant Account | Merchant Account Provider | Merchant ID | Online Credit Card Processing | Online Direct Debit | Online Merchant Account | Online Payment | Online Payments | Paperless Direct Debit | Payment Bureau | Payment Gateway | Payment Processing | Payment Processor | PCI Compliance | Shopping Cart

Copyright © NEOVIA Financial® Plc. All rights reserved. NETELLER (UK) Limited is authorised and regulated by the Financial Services Authority (FSA). The NEOVIA Financial®, NETBANX®, NETELLER® and Net+™ trademarks are the property of NEOVIA Financial Plc Net+ cards are issued by Conister Trust Limited, pursuant to a licence from MasterCard International Inc. MasterCard is a registered trademark of MasterCard International Inc. Companies accepting online payment and selling online can use the services of a Payment Gateway to accept credit cards, accept phone payments and other payment types. NETBANX is a Payment Processor offering an array of electronic payments options to merchants including online credit card processing facilitating credit card payment. Apart from Payment Processing NETBANX is also a Payment Bureau, Merchant Account Provider offering Merchant Services enabling new business start ups that do not have a Merchant Account to start accepting online payments without the need to set up an online merchant account at their bank. We also offer: credit card processing, debit card processing, other online payment processing services including internet banking, localised payment options such as giropay, ELV, prepaid cards, the e-wallet, online direct debit, Dynamic Currency Conversion, 3D Secure and leading edge technology and security for data protection and transaction security including PCI Compliance.