Sunday, April 19, 2009


Authentication is the process of ensuring that both the card and cardholder are genuine, before a payment transaction is completed.

Sunday, April 12, 2009

Affiliate Member

Affiliate member is a type of MasterCard or Visa member that participates indirectly through an association member or a principal member in the activities of this corporation (for example, by issuing MasterCard or Visa cards or by accepting transaction records from merchants).