Pan Card stands for Permanent Account Number Card used in India. Pan Card is required for any kind of financial transaction in India. Pan Card includes Photo and 10 digit unique alphanumeric numbers for every individual. This Pan Card is issued by Govt. of India (through Tax Department or Ministry ......
Thinking about picking up a reloadable prepaid card? Join the club. In 2015, more than half of all Americans purchased a prepaid card for personal use, compared to 19 percent in 2008, according to Synergistics Research Corp., which studies the prepaid market. ......
Address verification is performed by comparing portions of the billing address from the request message with address data on file at the issuing bank. Results are returned for the street address and for the postal code. ......
BIN (bank identification number) is the first six numbers of a payment card. These standardized numbers provide useful information about the card that can help make your payments flow smarter. ......
AVL BAL*(Available Balance): Generally speaking, AVL BAL* is always less than or equal to the total balance because of holding period terms. Of course,not only holding period terms,but also it is affected by refund,chargeback orders and withdrawal. To make it simple,let's give an example. ......
What are some common causes of 'Do Not Honor' payment gateway response codes? ......
When we set merchant account for our merchants,login password and payment password will be sent with the notification email as well. ......
API_KEY is one the most important parameters in API integration,it is used in all endpoint to create sha256 hash string.You will find it in the "My account" page. ......
Definition: The issuing bank received a transaction for which authorization was not obtained. The most common cause is not obtaining an authorization for a transaction or, for card present, obtaining it after the transaction date. For Automated Fuel Dispenser (AFD) transactions, the issuing bank ......
The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India: the Real Time Gross Settlement (RTGS) and the National E ......
Each chargeback is accompanied by a reason code. These numeric codes differ by card network, but all theoretically serve the same purpose: to describe the motivation behind the transaction dispute. ......
Chargeback fraud is commonly referred to as friendly fraud because the assault comes from a traditionally non-hostile enemy–the merchant’s own customers. A customer contacts the bank to inaccurately report a genuine charge as fraud. Most merchants view this as a form of shoplifting. While there a ......
Most merchants assume they are innocent when it comes to chargebacks. In reality, a merchant’s faulty involvement in the transaction process can lead to a significant amount of chargebacks. In fact, there are more reason codes associated with merchant error than any other cause. ......
Determined fraudsters are everywhere. Because fraud can cause significant profit losses, it is important to recognize potential fraud and take the necessary steps to prevent it from happening. There are several reason codes that can result from fraudulent or unauthorized activity. ......
