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  2. Luhn algorithm - Wikipedia

    en.wikipedia.org/wiki/Luhn_algorithm

    The Luhn algorithm or Luhn formula, also known as the "modulus 10" or "mod 10" algorithm, named after its creator, IBM scientist Hans Peter Luhn, is a simple check digit formula used to validate a variety of identification numbers.

  3. Check verification service - Wikipedia

    en.wikipedia.org/wiki/Check_verification_service

    Outside the United States the decline in check usage in favour of debit cards and credit cards has meant that cheques are rarely accepted by merchants thus rendering cheque verification services obsolete. In the United States, there are a number of third-party companies that provide check verification services.

  4. Third-party verification - Wikipedia

    en.wikipedia.org/wiki/Third-party_verification

    Third-party verification adds an important element of proof to electronic transactions. For example, in a just-completed experimental study of consumer reactions to electronic contracts, over 80% of respondents agreed that a transaction was harder to dispute because the verification was made and held by an independent third party.

  5. Payment card number - Wikipedia

    en.wikipedia.org/wiki/Payment_card_number

    A payment card number, primary account number (PAN), or simply a card number, is the card identifier found on payment cards, such as credit cards and debit cards, as well as stored-value cards, gift cards and other similar cards. In some situations the card number is referred to as a bank card number. The card number is primarily a card ...

  6. Payment Card Industry Security Standards Council - Wikipedia

    en.wikipedia.org/wiki/Payment_Card_Industry...

    The Payment Card Industry Security Standards Council (PCI SSC) was formed by American Express, Discover Financial Services, JCB International, MasterCard and Visa Inc. on 7 September 2006, [1] with the goal of managing the ongoing evolution of the Payment Card Industry Data Security Standard.

  7. Certificate authority - Wikipedia

    en.wikipedia.org/wiki/Certificate_authority

    Commercial banks that issue EMV payment cards are governed by the EMV Certificate Authority, [5] payment schemes that route payment transactions initiated at Point of Sale Terminals to a Card Issuing Bank to transfer the funds from the card holder's bank account to the payment recipient's bank account. Each payment card presents along with its ...

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