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"Merchant & POS"

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Screenshot illustrating a prepaid card and its features

Credit Card

What is a prepaid card?

A prepaid card is a customized card, with or without a chip, not linked to a bank account and without a credit limit like credit cards, letting you spend only the amount loaded onto it.

Illustration representing PIN Transaction Security (PTS) certified payment devices

Merchant & POS

What is PIN Transaction Security (PTS)?

PIN Transaction Security (PTS) verifies that card data and PIN information are used for a payment transaction. It is a set of modular evaluation requirements managed by the PCI Security Standards Council for PIN-accepting terminals.

Contactless reader device attached to a POS terminal

Merchant & POS

What Is a Contactless Reader?

These are devices connected to a POS terminal that allow fast payments, up to a certain limit, using contactless credit cards or prepaid cards by tapping them on the contactless reader instead of the POS's card reader. Can every POS have a contactless reader attached?

Ingenico POS terminal illustrating POS brand and model

Merchant & POS

What does POS brand and model mean?

Just like a car, a POS device has a brand and a model, for example Ingenico ICT220 or Ingenico ICT250. Each model differs from the others: some have a contactless reader while others may not, and screens, memory and features vary.

Table listing ISO 8583 Field 25 (POS Condition Code) values

ISO 8583

ISO 8583 Field Descriptions (F25)

F25 - POINT OF SERVICE (POS) CONDITION CODE is the field that defines the condition under which a POS transaction was performed. Possible values include 00 Normal presentment, 01 Customer not present, 02 Unattended terminal, and more.

Prepaid debit card not linked to a bank account

Debit Card

What Is a Prepaid Debit Card?

A prepaid card is a customized card that is not linked to a bank account and has no credit limit like a credit card - you can spend only up to the amount loaded onto it. Prepaid cards function just like a bank card or credit card.

FAST TR QR Code payment illustration

Mobile Payments

What Is FAST – TR QR Code?

TR QR Code is the QR code standard defined by the regulation on generating and using TR QR codes in payment services. FAST – TR QR Code refers to the TR QR Code used for payments made through FAST, built on BKM's infrastructure.

Table of merchant sectors where offline transactions are restricted

Merchant & POS

In Which Sectors Can Offline Transactions Not Be Performed?

An offline transaction is one approved by the card and the POS themselves, without going to any system (the card's bank or the POS's bank), when a chip card transaction is made at a POS. For this reason, some sectors considered risky are restricted.

Diagram explaining ISO 8583 message types 200 and 210

Payment Systems

What Are 200 and 210 Messages Used For?

Message 200 is generated for transactions initiated from POS applications, and the acquiring bank responds with message 210. Learn how 100/110 messages route approvals via the issuing bank, and common rejection reasons.

Diagram showing how card transaction data flows through the ISO 8583 messaging standard

Merchant & POS

What is ISO 8583?

Introduction: When a card (credit card/debit card/prepaid card) is used at an ATM or POS, data must be carried securely between systems. For example, in a store sale, the POS initiates the transaction, which must reach the cardholder's bank intact.