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Diagram explaining the Visa Purchase Return Authorization process for card refunds

Credit Card

What Is Purchase Return Authorization?

A structure developed by Visa for purchase refund transactions. The purchase return authorization message lets cardholders view their refund transactions in real time, improving the customer refund experience.

Illustration of a customer completing a payment through an online payment link

Merchant & POS

What Are the Advantages of Paying with an Online Payment Link?

Advances in payment systems make shopping safer and easier for customers. For e-commerce sites and brands, offering reliable, practical and fast payment options is a serious advantage. An online payment link is one innovative way to accept payments without a POS device.

New BIN card product launch process

Credit Card

What Happens When a Product Is Launched Under a New BIN?

When banks launch a new card product, they can do it under an existing BIN or a new one. A new BIN requires much more work: BKM announces it, every bank defines it and every POS has to download it.