Merchant & POS
What Does Loading Parameters onto a POS Mean?
Loading parameters onto a POS transfers BIN lists, key data, and refund/cancellation authorizations from the management system onto the terminal. Learn how and when it happens.
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"terminal management"
65 articles found
Payment Systems
What are the key points in an Onus Installment project?
Before describing the Onus Installment process, it is better to first answer: what is an Onus transaction? An Onus transaction is when the acquirer and issuer are the same institution, so the transaction is processed through that institution.
Payment Systems
What are offline transaction parameters? Can you give examples of how offline transactions are reported to the HOST?
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.
Online & Authorization
Application Transaction Counter (ATC)
The Application Transaction Counter is the number of transactions made with the card so far. It increases by 1 with each transaction and can also be used as a transaction number, making transactions easier to track.
EMV
What are the EMV Versions?
The history of EMV versions is given below: EMV was standardized in 1995. EMV 3.0, released in 1996, was the first widely used version, commonly known as EMV '96. In 1998, additions were made to EMV 3.0.
Payment Systems
What Information Does the Configuration Area Contain in POS Applications?
The configuration area in POS applications holds terminal number, merchant number, IP, port, APN and phone number information needed for POS setup, and can be managed manually or centrally.
EMV
What is the Application Unblock command?
The Application Unblock command removes the block placed on an application by the Application Block command, making the application usable again. Like Application Block, it is a command sequence managed after the card is presented to the terminal.
Online & Authorization
What is EMV?
EMV stands for Europay, Mastercard and Visa. In 1994 these companies formed a working group to set chip-card standards, leading to the EMV standards used worldwide today.
Merchant & POS
Is Printing a Receipt Mandatory for Contactless Transactions?
Checking whether the transaction receipt is printed after a POS transaction, and verifying the amount on it, has probably become a habit for all of us. So what about contactless transactions?
Merchant & POS
How is a software version uploaded to a POS terminal?
To upload a version to a POS, the software on the POS and the authorization system on the bank side must support it. Version upload to a POS can be done manually on the device itself, or via a remote upload request.
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.
Merchant & POS
What Is the Shared POS Management System (OPYS)?
Developed by BKM and made available to banks, OPYS centrally supports setting up multi-application POS terminals shared by multiple members, inviting other members, adding or removing them, and managing field company relationships.