Credit Card Glossary
Data Capture
This is also sometimes called an electronic draft capture (EDC) or draft capture. This is a data processing term that describes the process collecting, formatting, and storing data in computer memory according to predefined fields, for example, customer name, account number, and dollar amount of purchase. When a terminal reads this information from a plastic card or from entries at a terminal, the information is stored in computer memory for later output as a hard copy printout or as soft copy on a CRT display.