General License:
A declaration by the U.S. Bureau of Export Administration that permits the open export of certain nonstrategic goods and services to designated countries. Exporters of these goods need not acquire an IVL (individual validated license).

Genie:
Paymentech's Front End.

Gateway:
An application that accepts transactions from online merchant storefronts and routes them to a financial institution's processing system.

GIF (graphic interchange file):
A file type that contains a graphic, photo, or other image. GIFs are commonly found on the Web, along with another graphic file format, the JPEG. GIFs tend to take less memory and bandwidth than JPEGs, and can contain animation. JPEGs offer greater image clarity, especially for photo images.

Good Faith:
An attempt to resolve a dispute regarding a violation of Visa/MasterCard rules and regulations via written correspondence/documentation.

Gross Deposit:
Submitting the total dollar amount of bankcard credit and sales drafts for payment.