Skip to content
ENTR

Search

"application selection"

39 articles found

Diagram illustrating TCR (Transaction Record Component) packets used in payment clearing and settlement files

Payment Systems

What Is TCR (Transaction Record Component)?

TCR stands for Transaction Record Component, the packets that carry transaction information in a clearing system. Transaction types in a clearing file are distinguished by transaction code and usage code values, and this data is sent inside TCR packets.

Mifare contactless smart card

Debit Card

What is a Mifare Card?

A type of smart card containing a microchip and simple software, which performs contactless reading when brought close to a smart card reader. It isn't linked to a bank account and has no credit limit like credit cards. You can spend up to the amount loaded onto the card...

Diagram illustrating how parameters such as BIN lists and keys are loaded onto a POS terminal

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.