Author: 1931


CCVS , or Credit Card Verification System, was a credit card processing system designed for Posix -based operating systems, including Unix , Linux , and a Palm OS version shown at trade shows. It was originally sold by Hell’s Kitchen Systems, Inc. from 1997 onward and was acquired along with the company by Red Hat in January 2000. In 2002, Red Hat decided to exit the eCommerce market as an ISV ,…

Maxed Out

Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders (2006) is an independent feature-length documentary film and (2007) book that chronicles abusive practices in credit card industry….

Qualified Security Assessor

Qualified Security Assessor ( QSA ) is a designation conferred by the PCI Security Standards Council To Those Individuals That meet specific information security education requirements,-have taken the Appropriate training from the PCI Security Standards Council, are employees of a Qualified Security Assessor (QSA) company PCI security and auditing firm, [1] and will be performing PCI compliance assessments as they relate to…

Secure Electronic Transaction

Secure Electronic Transaction ( SET ) was a communications protocol standard for securing credit card transactions over insecure networks , specifically, the Internet . SET was not itself a payment system , but rather a security system. However, it failed to gain attraction in the market. VISA now promotes the 3-D Secure scheme….

Seasoned tradeline

A seasoned trademark is a line of credit that the borrower has held in good standing for a long period of time, typically at least 2 years. The “seasoned” part simply implies that the account is aged or that it has an established history….

Cashback reward program

A cashback reward program is an incentive program that is operated by credit card companies. Many credit card issuers, especially those in the United Kingdom and United States , run programs to encourage use of the card as the card holder is given points, frequent flyer miles or a monetary amount. This last benefit, a monetary amount, is usually known as cashback or cash back reward….

Corporate travel management

Corporate travel management ( CTM ) is the function of managing a company’s strategic approach to travel (travel policy), the negotiations with all vendors , day to day operation of the corporate travel program, traveler safetyand security, credit-card management and Travel and expenses (‘T & E’) data management….

Controlled payment number

A controlled payment number is an alias for a credit card number, with a limited number of transactions, and an expiration date between two and twelve months from the issue date. This “alias” number is indistinguishable from an ordinary credit card number, and the user’s actual credit card number is never revealed to the merchant….

Credit card balance transfer

A credit card balance transfer is the transfer of the balance (the Credit left) in a credit card account to an account at Held Reviews another credit card company . [1]…

Merchant category code

A Merchant Category Code (MCC) is a four-digit number listed in ISO 18245 for retail financial services. MCC is used to classify the business by the type of goods or services it provides. MCCs are assigned by merchant type (eg 3000 for United Airlines)….