Friday, July 31, 2009

Card Payment System

Card payment system is a payment system supporting payments made by financial transaction cards.

Thursday, July 30, 2009

Card Account

Card account is a credit line for deposit facility accessed by a card issued to a cardholder that enables the cardholder to purchase goods and services or obtain cash.

Saturday, July 25, 2009

Card Acceptor Business Code (MCC)

Card acceptor business code (MCC) is a numerical representation of the type of business in which the card acceptor (merchant) engages. Formerly merchant category code (MCC).

Saturday, July 18, 2009

Card Acceptor

Card acceptor is a merchant or an Automatic Teller Machine (ATM) that accepts a card and presents transaction data to an acquiring bank.

Saturday, July 11, 2009

Call Referral

Call referral is a generic term for the "refer to card issuer" authorization response. A call referral indicates that the acquiring bank or merchant must contact the card issuer for further instructions. The card issuer uses the call referral as a fraud prevention tool when it suspects or is attempting to prevent fraud at the point of sale. See also referral call.

Saturday, July 4, 2009

Brand Mark or Mark

Brand mark or mark is the proprietary combination of names, symbols, and colors that visually conveys a brand's identity and personality.