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Merchant & POS
A Card Recovery Bulletin is a list of problem cards (lost, stolen, expired, over-limit, counterfeit or otherwise flagged) published by card schemes such as Visa or MasterCard. It shows whether a card number is listed on the date of purchase.
Payment Systems
A non-secure transaction is an e-commerce transaction approved without any verification before authorization, such as SMS OTP. In short, authorization is obtained by verifying only the card number, expiration date, and CVV2.
Payment Systems
Offline transaction parameters are divided into two types: contact offline and contactless offline. These parameters can be managed separately through Terminal data and Chip data. Offline transactions can be reported to the HOST after an online transaction, after X occurrences, and more.
HCE
Token types vary depending on the verification method used in a transaction. In offline transactions, general checks are performed by the mobile app and card reader without any verification in the card system. In online transactions, token verification is sent to and verified by the issuer.
Credit Card
Due to how payment systems work, authorization is obtained for a transaction first. For a Not Onus transaction (different card and POS banks), the system waits for it to arrive via the clearing incoming file. If it does not arrive within about a week, the transaction expires.
Payment Systems
The domestic authorization flow for below-CVM-limit online contactless transactions has changed. Issuers can now ask the cardholder for a PIN or request card insertion instead of simply approving or declining. This post explains the CVM list and the new DE48 PDS22 and DE39 = 65 message flows.
ISO 8583
The card's Track 2 data is carried in this field. Track 2 data contains information such as the card number, expiry date and service code.
Credit Card
The name for a list of problematic cards — lost, stolen, expired, over-limit, counterfeit, or otherwise flagged — published by card companies like Visa and MasterCard. Mastercard calls it the 'MasterCard Warning Notice'.
Merchant & POS
A Collection POS is a secure, web-based payment platform through which businesses and institutions manage their collections and generate the reports they need. Many similar products exist on the market under different names.
ISO 8583
F19 — Acquiring Institution Country Code: the country to which the location of the acquiring bank's device (ATM, POS, etc.) belongs.
Merchant & POS
The Personal Data Protection Law was adopted by the Grand National Assembly of Turkey on 24/03/2016 and published in Official Gazette No. 29677 on 07/04/2016. It protects individuals' rights in the processing of personal data and sets the rules that data controllers must follow.
Merchant & POS
Partial authorization lets an issuer approve part of the requested amount when the card lacks the full balance, with the rest paid another way. This post covers the technical, receipt, clearing, reconciliation, merchant and certification requirements for acquirers.