TID Definition.
Terminal ID: the identifier the acquirer assigns to a terminal, or to a logical point of acceptance, and links to a MID. It appears on customer receipts and in authorization messages, and pinpoints a transaction within a multi-lane store. It is essential for technical support, internal fraud prevention and reconciliation by point of sale.
See also
Where this term appears
GuideThe four-party modelGuideThe role of banksGuidePayment regulationGuideCentral banks and payment infrastructuresGuidePayments in GermanyGuidePayments in AustriaGuidePayments in the Baltics and FinlandGuidePayments in the Netherlands and BelgiumGuideProtecting customer funds, and what happens when the institution failsGuidePayments in Germany, Austria, and SwitzerlandGuidePayments in Central and Eastern EuropeGuideManaging SCA exemptions: fraud rates, audits, and losing the exemption