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The central government has introduced a new online service called "Know Your PAN", [3] to for knowing your PAN number, verify your PAN [4] for new and existing PAN numbers. [5] Failure to comply with the provisions of Section 139A of Income Tax Act, a penalty of ₹10,000/- for each default is payable u/s.272B to the assessing officer. [6]
Track 2 can store up to 40 numeric or special characters; it uses a lower density magnetic encoding than Track 1 but a more compact character encoding. ISO 7813 specifies the following structure for track 2 data: [2] SS : Start sentinel ";" PAN : Primary Account Number, up to 19 digits, as defined in ISO/IEC 7812-1; FS : Field separator "="
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 ...
A PAN may be linked to a reference number through the tokenization process. In this case, the merchant simply has to retain the token and a reliable third party controls the relationship and holds the PAN. The token may be created independently of the PAN, or the PAN can be used as part of the data input to the tokenization technique.
A transaction authentication number (TAN) is used by some online banking services as a form of single use one-time passwords (OTPs) to authorize financial transactions. TANs are a second layer of security above and beyond the traditional single-password authentication .
The minimum cardholder account information needed to complete a transaction is present on both tracks. Track 1 has a higher bit density (210 bits per inch vs. 75), is the only track that may contain alphabetic text, and hence is the only track that contains the cardholder's name. Track 1 is written with code known as DEC SIXBIT plus odd parity.
An example of a generic RFID chip. Some produce traceability makers use matrix barcodes to record data on specific produce. The international standards organization EPCglobal under GS1 has ratified the EPC network standards (esp. the EPC information services EPCIS standard) which codify the syntax and semantics for supply chain events and the secure method for selectively sharing supply chain ...
"PAN" is an acronym for primary account number, i.e., the "card number" on either a debit or a credit card. PAN truncation simply replaces the card number printed on a customer receipt with a printout of only the last four digits, the remainder being replaced usually by asterisks. This hides the card number from anyone who obtains the receipt ...