Basic codes which provide additional information regarding a chargeback, fee collection, or another aspect of cardholder interaction. Reason codes are provided to the receiving…
A rebate occurs when an acquirer member diminishes the STAR cardholder’s access account via a STAR transaction initiated at a STAR terminal by a set amount.
A receipt needs to be a hard copy document and should include date, PAN, the type of account accessed, a reference number, a merchant name and location, and an action code.…
Assigned by an acquiring member, a reference number acts as an identification number for a specific transaction. Reference numbers have 23 characters.
An authorization center may relay a referral from an issuing bank when an authorization requires a call to either a Voice Response Unit or a Voice Authorization Center.
A network which isn’t part of the national interchange system and which processes debit transactions in a given area, either statewide, countywide, or in another geographical…
An important regulation which implements Title VI of the Expedited Funds Availability Act (12 U.S.C. § 4001 et. seq.).
An important regulation which implements the Electronic Fund Transfer Act, also known as Title IX of the Consumer Credit Protection Act (15 U.S.C. § 1601 et. seq.).
Information used by a biller to correctly and efficiently post bill payments from a customer.
A service which handles electronic authorized payments, routing them to another financial institution or several financial institutions.
A cardholder contract that details a variety of items, including all of the charges that the cardholder is agreeing to pay in various circumstances…
Occurs when an acquirer presents a transaction to an issuer due a merchant’s request for a chargeback reversal.
In credit card processing, response time usually refers to the time between a request transmission for a STAR transaction authorization by a switch and when a receipt of response…
Electronic submissions of a STAR POS transaction, authorized by an acquirer processor or a STAR merchant, which are not the original submission. A resubmission may be necessary for…
A program in which STAR Internet transactions are initiated by an account holder via an authentication token, which authenticates the transaction through a third-party approved by…
A period of time in which a member of STAR must retain a reproduction of chargeback documentation and interchange paper, usually as a microfilm.
A formal request given to an acquirer from an issuer for a ticket of a transaction. A retrieval request is one of the first steps that an issuer will take when responding to a…
A cancellation of a posted and authorized STAR transaction, transmitted electronically through the STAR network.
One of the algorithms used to create secure and completely unique pairs of public and private keys. See “Encryption” for more information.
Includes all of the operating rules of the STAR network. These operating rules are regularly amended and include technical specifications and definitions in addition to appendices…