Proprietary card is a type of card that financial institutions or other organizations issue using the logo of the issuer instead of a national service mark or logo (such as MasterCard or Visa). A proprietary card allows the cardholder to access a credit or deposit account using ATM or POS terminals.
Thursday, December 31, 2009
Saturday, December 26, 2009
Promotion Code
Monday, December 14, 2009
Processing Fee
Processing fee is a compensation paid by card issuers or acquirers to a financial network organization for processing interchange transactions according to the business agreements established by that financial network. Fees are determined by each transaction type for issuers and acquirers participating within each individual financial network.
Tuesday, December 8, 2009
Prepaid Card
Friday, December 4, 2009
Point-of-Sale System
Point-of-sale system is an electronic system that accepts financial data at or near a retail location and transmits that data to a computer or authorization network for reporting activity, authorization, and transaction logging.
Wednesday, December 2, 2009
Point of Interaction (POI)
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