A countertop device used to scan and recover information contained in magnetic ink characters printed on checks and documents. The magnetic ink character recognition (MICR)
Used primarily by mobile devices to conduct wireless transactions, this short-wave wireless communication technology transfers data between electronic devices when brought within close proximity of
Technology that enables the integration of payment processing and related services � check verification, for example � with such other business functions as customer relationship
First it was reported that the recent JPMorgan Chase & Co. data breach was limited to JPMorgan. Then it came out that the breach may
The money set aside from a merchant’s credit card receipts to cover potential chargebacks or other disputes. Typically, the amount is returned after a specified
A person who sells bankcard services to merchants on behalf of ISOs, acquirers, and processors. Also known as independent sales agents (ISAs), as well as
The three-digit number on the back of Visa Inc. and MasterCard Worldwide credit and debit cards. It is used as a security feature in card-not-present
An organization that validates adherence to certain Payment Card Industry (PCI) Data Security Standard (DSS) requirements by performing vulnerability scans of Internet-facing environments of merchants
A federally insured financial institution responsible for connecting merchants to Visa Inc. and MasterCard Worldwide authorization and settlement systems. Also called an acquiring bank, merchant
©2023 Insignia Payment Solutions. All Rights Reserved.
Insignia Payment Solutions is a registered Independent Sales Organization of Wells Fargo Bank, N.A., Concord, CA.
©2023 Insignia Payment Solutions. All Rights Reserved.
Insignia Payment Solutions is a registered Independent Sales Organization of Wells Fargo Bank, N.A., Concord, CA.