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Full details are shown in the Standard Payment section.Tokenise Card: The purpose of this option is to validate card details and convert them into a token.Standard Payment: This is the most commonly used option where a standard e Commerce payment page (Paymark Click hosted web payment page (“three party payment”)), including minimal transaction detail, is presented to the Cardholder/Account Holder.Once the Cardholder/Account Holder submits the data a payment is processed and the transaction results are made available to the Merchant site/service.

Mainly used for business to business payments and collections. Read more on Bacs » Bacs Cycle The three day cycle (minimum three English bank working days) taken for a payment instruction to be submitted to Bacs for processing and the time it reaches the destination account.A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z Account limit A monetary limit set by the sponsor on an individual account to restrict the value passing through for a fixed period ADDACS See Bacs Notifications Additional Contact (AC) A type of contact linked to a service user.An additional contact cannot be given any privileges to maintain their service user or other contacts but can still be allocated a Smart Card with privileges to sign/submit payments and download reports Advance Notification The notice period (normally 10 working days plus postal time) given to the payer in respect of the date of debiting and the amount to be debited.This means that you can build up your No Claims Bonus more quickly, so long as you don't make a claim.Our Bonus Accelerator policy could be suitable for people who are taking out insurance for the first time, or who have recently lost their No Claims Bonus.

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