Definitions for "Terminal ID"
The number assigned to a credit card processing device (such as a POS terminal). It identifies the merchant's equipment to their processor. A TID is also used for Internet gateways and other software applications.
A two-character identification code that uniquely identifies a terminal from other terminals.
A number supplied by your bank which maps your transactions to a terminal at your bank. Only one transaction may be processing through a single terminal ID at any one time, however multiple terminal IDs may be issued to you upon request from your financial institution. When your transaction volumes become high, SecurePay will begin using additional terminal IDs which you supply us with to enable simultaneous payment processing through SecurePay.