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"Transaction Code"

217 articles found

ATM management and monitoring software

ATM

What Are ATM Management Support Software Tools?

ATMs hold significant amounts of cash, are among banks' most important customer service points and are prone to faults, so they must be monitored from installation onward and acted on quickly.

Workflow diagram of bank and courier file integration for card distribution

Courier & Delivery

How Is Bank Integration Done for Card Distribution via Courier?

Courier companies and banks generally carry out the card distribution process through file exchanges. (Some banks also use web service integration; in that case the information normally sent via file is transmitted within the service.) With the courier...

TR Karekod national QR code logo for payments in Turkey

Merchant & POS

The Logo of Our National QR Code, TR Karekod, Has Been Announced

In the world of payment systems, there are new developments every day in both accepting payments and payment methods. QR code payments will undoubtedly become more common in the coming days, and we will make payments with QR codes in many places.

EMV Lower Consecutive Offline Limit 9F14 illustration

EMV

What Is the Lower Consecutive Offline Limit?

The Lower Consecutive Offline Limit is the maximum number of consecutive offline transactions allowed by the ICC application, as set by the issuer, on a terminal capable of going online. It is sent in tag 9F14.

Diagram illustrating the structure of an ISO 8583 message field

ISO 8583

ISO 8583 Field Descriptions (F14)

F14 - DATE, EXPIRATION DATE: the expiration date printed on the card by the issuing bank, a 4-digit numeric value in YYMM format. See how it's checked and why the YYMM order matters.

American Express (Amex) card and logo

Credit Card

What Is an Amex (American Express) Card?

Amex is short for American Express, a payment scheme like Mastercard, Visa, or TROY. Learn its history, what sets Amex cards apart, and whether every website accepts them.

Diagram illustrating card fraud and forgery in card payments

Security

What Is Forgery in Card Payments?

Forgery in card payments means transactions made with card details without the cardholder's knowledge, or purchases with counterfeit or stolen cards. Merchants cannot eliminate fraud and chargeback risk, but they should aim to reduce it to reasonable levels.

FDK function display key buttons on an ATM screen

ATM

What Is FDK (Function Display Key)?

At ATMs, transaction selection and processing are carried out using the buttons on the right and left of the ATM screen. These buttons are called FDK (Function Display Key) buttons. Does every ATM have FDK?

Illustration representing MCC codes used to classify merchants by category

Merchant & POS

What Is an MCC Code Used For?

Since the MCC code is a merchant's category code, it's critical for the checks performed during merchant onboarding and authorization, including campaigns and restrictions.

Diagram illustrating the ISO 8583 field 32 structure

ISO 8583

ISO 8583 Field Descriptions (F32)

F32 - ACQUIRING INSTITUTION IDENTIFICATION CODE: the 11-digit acquirer bank ID. The values it can take for domestic transactions and by card brand include Visa, MasterCard, UnionPay, Discover and JCB formats.

Illustration representing an installment mail order card transaction

Merchant & POS

Is an installment Mail Order transaction possible?

A reader asked whether installment mail order transactions are still possible, and whether a card limit equal only to the installment amount is enough. This article shares the answer.