Card Verification Code (CVC)
Card Verification Code (CVC):
A unique value calculated from the data encoded on the magnetic stripe of a MasterCard card, validating card information during the authorization process.
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A unique value calculated from the data encoded on the magnetic stripe of a MasterCard card, validating card information during the authorization process.
A unique value calculated from the data encoded on the magnetic stripe of a VISA card, validating card information during the authorization process.
The person to whom a financial transaction card is issued or an additional person authorized to use the card.
The bank that has issued a bankcard to an individual. The term is frequently used in conjunction with interchange arrangement to identify the card-issuing bank.
See “Chargeback.”
An amount advanced by a bank teller (or ATM) to a bankcard holder against the cardholder’s line of credit.
An optional feature of a Purchase (defined under STAR POS Transaction Set) whereby all or part of the Purchase is returned as cash to the STAR Cardholder.
A purchase for more than the amount of goods or services with the cardholder receiving the difference in cash.
A trusted entity which performs the PKI functional roles of certificate issuer, certificate manufacturer, registrar and repository. The CA appends the certificate issuer’s identity to the issued Digital Certificate and a Digital Signature using their Private Key. The Digital Certificate of the CA may be retrieved based upon the identity and its Public Key used to authenticate the issued Digital Certificate. (See ANS X9.57 and X9.79)
The successful completion by a Member or Processor of the testing of its Interface to the STAR Switch under the Technical Specifications and proof of capability to process all required Transactions in the STAR Network in accordance with the STAR Rules.