A merchant tool used to emboss credit card information for transactions onto sales drafts or related documents.
A non-member entity which provides authentication services, including the creating and verification of authentication tokens for STAR transactions. IAOs are generally sponsored by…
A member service provider. ISOs are contracted by members to administer cardholder and merchant servicing. ISOs are external companies which are not members of MasterCard, Visa or…
Processors are considered indirect when they connect to another computer or processor before connecting to the STAR switch.
A computer which is used for facilitating and handling financial information, including transactions. Private and public servers handle several distinct sets of tasks and have…
Identifies the issuer member. The INN is part of the primary account number. It may also be called a BIN depending on the context. For more information, see the PAN prefix.
Digital phone service with a high transfer speed, enabling advanced data communications. ISDN is not as fast as broadband or DSL, but can handle 120kbps transfers.
An exchange standard for financial information, instructions and other relevant data through computers. The IFX was built off of a number of older standards, including GOLD and…
A system which processes voice prompts to search a database and to relay a response back to a caller. Banking systems and financial institutions typically use IVR to provide an…
An identifying number for establishing the identity of a member in transactions. ICAs are used exclusively by MasterCard and are given to financial institutions and other common…
Treated as an issuer member, an interbank receiving member receives interbank credit, which is used to the benefit of an interbank transfer recipient.
Treated as an acquirer member, a holder of an interbank transfer sender which funds an interbank debit.
An interbank credit recipient who is also a STAR cardholder.
STAR account holders that initiate STAR interbank transfers are interbank transfer senders.
Systems used for authorization and other information exchange, operated by MasterCard and VISA. Interchange refers typically to information exchange related to the activities of…
Transaction-related fees that an acquirer must pay to an issuer. These fees are established by Visa and MasterCard and are not created or set by CreditCardProcessing.com.
Another term for an approved auditor. See “Approved Auditor” for more information.
Any financial institution that is headquartered in a country other than the United States and not subject to U.S. financial laws and is a member of the STAR network. International…
A service for delivering bills and receiving payments from customers through any Internet connection. IBDP also provides a means of communicating other information to consumers and…
A system which allows payment from consumers who enter checking information online, including account and routing numbers. Internet check acceptance is handled and processed…
Any member who puts an Internet device approved by STAR into operation. Third parties can also be Internet Device Deployers by acting on the behalf of acquirer members. When this…
A single screen which relays information to a STAR account holder and handles several aspects of a STAR Internet transaction payment. The payment screen confirms that the account…
The Internet’s networking protocol.
A company which provides its users with access to the Internet, including many cable companies and DSL providers which offer Internet connectivity.
An identification number which carries information about the physical location of a computer or other device accessing the Internet. IP addresses are defined by the Internet…
See PAN Prefix for more information.
A processing system used by a member or a processor, depending on the case, which communicates STAR transactions and provides a declination or authorization of said transactions.
Any member of the STAR network which issues bankcards for the purpose of STAR transactions, including both debit and credit cards. Interbank Receiving Members are also treated as…
See “Processor.” An issuer processor is a processor that authorizes STAR transactions or receives a request for authorization. Issuer processors act on behalf of an issuer member.
Every point of processing in a payment system, including the issuer authorization system, the STAR switch and all points in between.
Any financial institution which issues a bankcard. Issuing banks must be licensed members of MasterCard and/or Visa and enter into a contractual agreement with card holders.