Glossary of terms

A terminal, which operates in conjunction with another device e.g. an electronic cash register, or is part of a network of terminals.

The financial institution that supplies customers with credit and/or debit cards for their personal/company use.

An issuer of the JCB Card, the leading Japanese travel and entertainment card, accepted in over 100 countries worldwide.

VISA Capable Suppliers (accept Purchasing Cards but are non-VAT enabled otherwise referred to as NVE supplier).

VAT Capable Suppliers (accept Purchasing Cards and provide the facility for a customer reference code and summarised VAT total).

VAT Capable Supplier with Line Item Detail (accept Purchasing Cards as VAT capable suppliers but in addition they will provide Line Item Detail descriptions for the goods / services provided with individual VAT amounts).

The auxiliary data attached to a purchase card transaction to qualify for VAT certification in place of an invoice (UK).

Typical commodities bought using a Purchasing Card would be LVG (eg: stationery).

Suppliers with LID capabilities have software installed at their premises that will provide an individual line of detail for every commodity purchased.