Problems with Checking Dumps Validity

    Most common problems when dealing in store carding is knowing if the dumps in the card is valid or not.

Why do the enemy needs to check the card validity?

    1. To keep expenses down. (Carders require to make fake ID, print and emboss a plastic card according to the data dump so the store clerk can verify and and authenticate the carder to purchasing using that card).

    2. Have successful purchase in their targeted store.

    3. To verify the authenticity of the seller.

    4. To know the card is alive and can be used.

Reasons Why Don't Use Dump Checker:

    1. Almost all full track or dump checker is just another simple CVV checker. Any checker that requires the card number and the expire date is a simple CVV checker. (If checking a dump requires you to pay $1, it is not worth it).

    2. Almost all online checker will kill the dump. This usually happens because online checker are connected to a donation site, so during the moment the card is being checked, it is the same time the card is being used to for some stuff and the card issuer will decline the transaction.

    3. Some checkers are connected to fake merchants. The problem here is, usually the merchant is blacklisted by the card issuer, so when the card is checked, it will automatically kill the card.

    4. Any kind of checker that requires the card number and the expire date is not a dump checker.

    5. Some checkers are just stealing dumps. These kind of fake checker will usually respond with "05 Declined". The checkers also request to input the full track.

    6. There are only a few checkers which are not killing the dump. These kind of checkers are respectable in the carding world, which are using real merchants and change the merchants regularly to avoid getting merchants blacklisted. The problem with these checkers, they are usually closed circuit and in big private forums, which requires vouches from old existing members to register new account.

       Almost all of them are hidden in search engines.

So How to Check the Dumps Without Killing the Dumps?

    The most simple, yet most effective way is to call the bank issuer of the card.

10 Most Common Mistakes Made Newbie or Careless Carders

• Makes random purchases without considering the size, style, color or price (for fashion objects).

• Too talkative or delaying a selection repeatedly until the store clerk is upset.

• Hurries the store clerk and pushes too much.

• Purchases large size items (television, and other similar objects) and demands on taking the item personally rather than having it delivered.

• Refuses cloth alteration (for fashion objects) even though they are included in the price.

• Purchases an extended warranty without hesitation, even though it cost a lot.

• Makes purchases, leaves the store and then returns to the same store to make another purchase.

• Is not well dress but purchases expensive items.

• Pulls out the credit card from pocket and not from their wallet.

• Does not have a driver or ID license. If they claim they do, they say it is in the car (aka, too many reasons).

Carding with 201 Dumps

First of all, I would like to say that writing 201 dumps on to a chip is quite unrealistic with the current technology that is available. But I want to discuss an alternative route - I would like to give you a hint how to use 201 dumps everywhere - even in such places where POS terminal requires a chip and a subsequent PIN to be used.

• First thing we should have is a card with a chip and magnetic stripe.

• Then we have to look for a 12 Volt AC adapter.
• Now all we have to do is to scratch a little chip metal contacts with + and - of the adapter.
• After a spark happens during the contact, it means it is good.
• After this little alteration the chip should not be working any more and this is exactly what we need. 

Now we have to encode 201 track to the regular magnetic stripe of the card and safely go out to shop. When the clerk tries to insert the card with the chip he/she gets a nice error (additionally you can give him a reason that you washed your wallet with the card and chip is not working), and now most interesting part - once the terminal detects that chip is not functioning it switches back to magnetic stripe mode and allows you to swipe the card, all you have to do is to persuade the cashier to do it. Done!

Glossary of Buyer/Seller Terms in Carding

Base:

An arbitrary name that a seller assigns to a unique batch of cards hacked from a particular compromised merchant or a mix of merchants. Most often, bases are named after the state or region of the compromised merchant. Base names allow dumps shop owners to have a consistent naming convention when adding freshly hacked cards from a specific breached merchant. In addition, base names allow happy customers to have an easy way to come back to the seller and request more of the same cards; conversely, buyers who have little success “cashing out” cards from a particular base have a frame of reference with which to warn other potential buyers away from a specific batch of cards (bad cards = “brown acid“).

BINs:

Short for “Bank Identification Number,” this is the first six digits of any debit or credit credit cards, and it uniquely identifies the financial institution that issued the card. BINs are the primary method that sellers use to index cards for sale, and all buyers have their favorite BINs with which they’ve found success in the past. There are tens of thousands of BINs in use today, and few people legitimately employed in the banking industry have comprehensive BIN lists (which most banks consider proprietary). For that, you typically need to turn to the professional sellers, which track BIN usage quite closely.

Checker:

A form of buyer’s insurance, this is an automated, optional service that customers can use after purchasing cards to validate whether the cards they just bought are still active. Most sellers have “money-back” guarantees in place that will automatically refund the purchase price for any cards found to be invalid shortly after the cards are bought (usually a window of a few minutes up to a few hours is given to buyers to check and replace cards).

Dump:

Refers to a string of data that is pulled (usually by malicious software that infects cash registers or point-of-sale devices inside compromised merchants) from the magnetic stripe on the back of cards. Buyers typically receive a text file that includes all of their dumps. Those individual dumps records — when encoded onto a new magnetic stripe on virtually anything the size of a credit card — can be used to purchase merchandise in stores.

Packs:

Large bundles of dumps (often from a variety of hacked merchants in a particular region) — sold at wholesale prices which is usually discounted.

First-Hand Base:

A batch of cards hacked from a merchant breach in which the seller himself played a key role.

Reseller:

Most sellers rely on multiple suppliers of hacked cards. Contrary to the conventional meaning of the word, these hackers are supplying cards that are not sold anywhere else; once a card is sold, it is removed from the marketplace, and any suppliers found to be double dipping are quickly banned from the dumps community. Rather, resellers are merely hacking the cards and then selling them to the main verified seller.

Valid Rate:

The dumps store’s best guess about the percentage of cards from a given base that will come back as valid versus canceled by the issuing bank. If a base is advertised at a 80 percent valid rate, customers can expect an average 8 out of every 10 cards they buy from that base to be working and valid. Cards advertised at valid rates in excess of 90 percent typically demand the highest prices, and are a strong indicator of a breach that has only just been discovered by the breached merchant or some of the larger financial institutions.

Most Common Card Data Hacking Methods

There are numerous ways to have our credit cards stolen and it originates to two primary methods:

1. Skimmers.

• A hardware skimmer device placed over a card port on an ATM or gas pump (certain countries allows consumer to buy gas directly with their card).
• "We will discuss more about skimmers after this post".
• During the old days, the Enemy must acquire back their skimmers to retrieve the data they have stolen (because it is stored manually inside the skimmer).
• Now with better technology, skimmers are able to retrieve data wireless with GSM or Bluetooth function.
• Skimmers are sold to match the manufacturer and model of ATM being targeted. Since ATM manufacturers publicly release new bank contracts, criminals are able to plan skimmer placement before new ATMs are even installed.
• Soft skimmers is a device placed on a POTS (Plain Old Telephone Service) circuit in order to intercept the data in transit.
• Stand-alone ATMs in convenience stores or hotel lobbies may rely on modems for communication with a merchant network.
• After recording the tones on these phone lines, Enemies use widely available software to convert the tones to digital data, specifically credit card numbers.

    2.  Network Breaches

• Point of Sale (POS) terminals used in retail outlets were exploited through vulnerabilities in the underlying operating system that these terminals use.
• Failure to patch the operating system has led to remote exploitation via freely available hacker tools.
• Data ex-filtration has occurred for months before the merchant discovered or was alerted to the tainted POS terminal.

    Criminals continue to aggressively hunt for large amounts of card track data either in storage or in transit. Once a target is identified, the compromise is only a matter of time and resources. Today, financial databases and networks continue to fall victim to the most motivated and talented hackers. Previously, compromises have existed for over a year before the breach was discovered. The purveyors of this data will quickly become rich, as will the end users who purchase the data for coordinated exploitation.

Dumps Platform / Service Code

Digit 1 (Most Significant): Interchange & Technology

0: Reserved for future use by ISO.

1: Available for international interchange.

2: Available for international interchange and with integrated circuit, which should be used for the financial transaction when feasible.

3: Reserved for future use by ISO.

4: Reserved for future use by ISO.

5: Available for national interchange only, except under bilateral agreement.

6: Available for national interchange only, except under bilateral agreement, and with integrated circuit, which should be used for the financial transaction when feasible.

7: Not available for general interchange, except under bilateral agreement.

8: Reserved for future use by ISO.

9: Test.

Digit 2: Authorization Processing:

0: Transactions are authorized following the normal rules.

1: Reserved for future use by ISO.

2: Transactions are authorized by issuer and should be online.

3: Reserved for future use by ISO.

4: Transactions are authorized by issuer and should be online, except under bilateral agreement.

5: Reserved for future use by ISO.

6: Reserved for future use by ISO.

7: Reserved for future use by ISO.

8: Reserved for future use by ISO.

9: Reserved for future use by ISO.

Digit 3 (Least Significant): Range of Services and PIN Requirements:

0: No restrictions and PIN required.

1: No restrictions.

2: Goods and services only (no cash).

3: ATM only and PIN required.

4: Cash only.

5: Goods and services only (no cash) and PIN required.

6: No restrictions and require PIN when feasible.

7: Goods and services only (no cash) and require PIN when feasible.

8: Reserved for future use by ISO.

9: Reserved for future use by ISO.

For Example:

    To check 101

1: Available for international interchange.

0: Transactions are authorized following the normal rules.

1: No restrictions.

Carding Terminology Used by Enemy (Advanced)

Account Number:

    A unique sequence of numbers assigned to a cardholder account that identifies the issuer and type of financial transaction card.

Acquirer:

    A licensed member that maintains the merchant relationship and acquires the data relating to a transaction from the merchant or card acceptor and submits that data into interchange, either directly or indirectly.

AMC:

    American Magnetics Corporation.

Authorize:

    A process defined in operations regulations whereby a transaction is approved by or on behalf of an issuer; commonly understood to be receiving a sales validation by the merchant, by telephone, or authorization terminal.

Automated Teller Machine (ATM):

    An unattended, magnetic stripe-reading terminal that dispenses cash; accepts deposits and loan payments; enables a bank customer to order transfers among accounts and make account inquiries. More info here.

Bank Card:

    A debit or credit card issued by a bank or other financial institution, such as a MasterCard card or Visa card. Biometrics utilize "something you are" to authenticate identification. This might include fingerprints, retina pattern, iris, hand geometry, vein patterns, voice password, or signature dynamics. Biometrics can be used with a smart card to authenticate the user. The user's biometrics information is stored on a smart card, the card is placed in a reader, and a biometrics scanner reads the information to match it against that on the card. This is a fast, accurate, and highly-secure form of user authentication.

Bit (Binary Digit):

    The smallest unit of information in a binary system: a 1 or 0 condition. More detailed info here.

BPI:

    Bits Per Inch.

Byte:

    A binary clement string functioning as a unit. Eight-bit bytes are most common. Also called a "character".

Business Card:

    A Business card is similar to the Corporate card, but issued to a business with a few employees and where each employee is responsible for their purchases.

Carding:

    Credit card fraud. Carding texts offer advice on how to make credit cards, how to use them, and otherwise exploit the credit card system.

Cash Disbursement:

    A transaction that is posted to a cardholder's credit card account in which the cardholder receives cash at an ATM, or cash or travelers checks at a branch of a member financial institution or at a qualified and approved agent of a member financial institution.

Cirrus System Incorporated:

    A wholly owned subsidiary of MasterCard International Incorporated, operates the international ATM sharing association known as "Cirrus® ATM Network."

Cleaning:

    The process of exchanging financial transaction details between an acquirer and an issuer to facilitate posting of a cardholder's account and reconciliation of a customer's settlement position.

Co-Branded Card:

    A credit card issued by a member bank and a merchant, bearing the "brand" of both.

CardJet Cards:

    Teslin®-based, CR-80 size cards with a surface that is specially formulated for thermal inkjet printing. CardJet Inks bond to cards and dry instantly, without smearing. CardJet cards stand up well to abrasion, dye-migration and UV fading.

Check Reader:

    A peripheral device used to read encoded information on a check to be transmitted and processed by a computer or register for authorization and approval.

Coercivity:

    The measure of how much magnetic force is needed to change the state of a magnetized element. The higher the coercivity, the more force is needed. There are two types of magnetic stripe cards, low coercivity and high coercivity. While low coercivity cards can be erased if they get too close to a common magnet, high coercivity cards are not as easily erased. More detailed info here.

Color Matching:

    Several color matching options are included with FARGO Card Printer/Encoders. These options are built directly into the printer driver so they are easily selected. Colors print with more clarity, detail, and accuracy.

Color Monitor:

    A monitor that displays data and graphics in color. Color monitors vary in the number of colors, dot-pitch and intensities they can produce.

Comm Port:

    Communications Port. Most IBM compatible computers have from one to four comm ports used to communicate with devices attached to the computer (COM1, COM2, COM3, COM4). You need a comm port to communicate with the 712 Encoder. Now known as Computer Port.

Communications Protocol:

    The rules governing the exchange of information between devices on a data link. More detailed info here.

Contact Smart Card Encoder:

    The contact smart card encoder connects the ISO contact pins mounted on the e-card docking station to a Gemplus GemCore 410 smart card coupler mounted inside the printer. The GemCore 410's digital I/O is converted to a RS-232 signal which is accessible to application programs through a dedicated DB-9 port on the outside of the printer labeled "Smart Card."

Contactless Smart Card Encoder:

    The contactless smart card encoder connects an antenna mounted on the e-card docking station to a Gemplus GemEasyLink 680SL coupler mounted inside the printer/encoder. Application programs can access Mifare® contactless cards via a RS-232 signal through a dedicated DB-9 port on the outside of the printer labeled "Mifare/Contactless."

Control Numbers:

    Measure card usage and be used as a tracking device if the card is lost. ID Services will print these on cards after the numbers have been supplied.

Credit Card Authorization:

    The process in which a credit card is accepted, read and approved for a sales transaction. Credit card authorization is normally accomplished by reading a credit cared through a credit card reader that is integrated into a register or stand-alone reading device. Generally, pertinent credit information is transmitted via a modem and telephone line to a credit card "clearinghouse". The clearing house (authorization source) communicates with the credit card’s bank for approval and the appropriate debit amount of the sale.

Credit Card Reader (Magnetic Stripe Reader):

    A device that reads the magnetic stripe on a credit card for account information to automatically be processed for a transaction. A credit card reader is either integrated into a register, attached onto a register as a separate component or is part of a stand-alone terminal dedicated for the sole function of processing credit card transactions.

Cursor:

    A blinking symbol on the screen that shows where data may be entered next.

Customer Pole Display:

    A peripheral device designed to show customers information about their transaction. This information normally consists of a description and price of the product they are purchasing. Customer pole displays are also used to display marketing information and other messages.

Commercial Card:

    This is the formal name for a group of cards issued to businesses, commercial organizations and governments. Types of commercial cards include: Corporate Card, Purchase Card, and Business Card. Corporate card A Corporate card is usually issued to the employees of a corporation, where the corporation assumes all liability for the card's usage. These tend to be to larger corporations.

Currency Conversion:

    The process by which the transaction currency is converted into the currency of settlement or the currency of the issuer for the purpose of facilitating transaction authorization, clearing and settlement reporting. The acquirer determines the currency of the transaction; the currency of the issuer is the preferred currency used by the issuer, and most often, the currency in which the cardholder will be billed. Also known as Exchange Rates.

Debit Card:

    A plastic card used to initiate a debit transaction. In general, these transactions are used primarily to purchase goods and services and to obtain cash, for which the cardholder's asset account is debited by the issuer.

Decode:

    A term used to describe the process of interpreting scanned or "read" information and presenting it in a usable fashion to the computer.

Density:

    Defined in bits per inch (BPI), recording density is the number of information bits which are recorded on one inch of a magnetic strip.

Direct Thermal:

    Direct thermal is a printing technology method in which the printer utilizes a paper that reacts chemically to heat. The label rolls are coated with a thermo-sensitive layer that darkens when exposed to intense heat. Direct thermal printers require no ink or ribbon and are typically used when a bar code label needs to endure for a year or less. Also known as Thermal Printing.

Direct-to-Card (DTC) Printing:

    The Direct-to-Card printing process prints digital images directly onto any plastic card with a smooth, clean, glossy PVC surface.

Diskette/Floppy-Disk:

    A flexible disk which holds information that can be read by the computer. More detailed info here.

Disk Operating System (DOS):

    The standard operation system for all computers advertised as "IBM Compatible". More detailed info here.

Dot-Matrix Printer:

    A printer that forms characters or images using a matrix of pins that strike an inked ribbon. More detailed info here.

Downloading:

    The process of sending configuration parameters, operating software or related data from a central source to remote stations.

DPI (Dots per Inch):

    Measurement of a printer's resolution. Example: 600 dpi indicates that the printer can produce 600 dots of color in each inch of a card. NOTE: When judging color reproduction for a CardJet Card Printer, the inkjet resolution must be at 2400 dpi or better to achieve the color equivalent of a 300 dpi dye-sub printer.

Dual Hoppers:

    Select FARGO Card Printer/Encoders provide a dual-stack, 200 card capacity Card inp<-b>ut Hopper. This unique dual hopper allows you to load up to 200 of the same type of card for maximum card production or allows you to load a different stack of cards into each hopper for added versatility and efficiency. Loading two different stacks of cards is often beneficial if, for example, you are using two types of pre-printed card backgrounds (i.e. gold cards versus silver cards) in order to more easily distinguish between two types of members, employees, students, etc.

Dual Track:

    A type of credit cared reader that is capable of reading both Track 1 and 2 on a credit card.

Dye-Sublimation:

    Dye-sublimation is the print process FARGO Card Printer/Encoders use to print smooth, continuous-tone, photo-quality images. More detailed info here.

E-Card Docking Station:

    FARGO provides an optional e-card docking station on select models that can be ordered with encoders for one, two or three different types of e-cards. These printer/encoders allow application software to read and/or store information in the memory of e-cards. The optional encoders provide everything needed for an application program to communicate with a specific type e-card through a standard RS-232 interface. The FARGO e-card docking station comes standard with the read/write pins (as defined by ISO) needed to communicate with contact smart cards. The e-card docking station can also be ordered with a magnetic stripe encoder for either an ISO magnetic stripe that supports dual high/low coercivity tracks 1, 2 and 3 or a JIS II magnetic stripe.

E-Card Encoder:

    Select FARGO Card Printer/Encoders support reading and/or storing information in up to three different types of e-cards: ISO 7816 contact smart cards, Mifare® contactless smart cards and HID proximity cards.

Edge-to-Edge:

    Refers to the maximum printable area on a card. Printer/Encoders with edge-to-edge printing capability can print just to the edge of a card resulting in printed cards with virtually no border.

Embossing:

    Raised characters are produced through the use of a male and female die brought together by pressure applied above and below a marking surface. Embossing is ideal for variable information data cards, strip tags, and identification molding processes.

Electronics Benefit Transaction (EBT):

    Allows governments to implement social aid programs such as food stamps through the use of a magnetic-stripe card, which can be accepted at merchant locations set up to accept this plan.

Electronic Draft Capture (EDC):

    A system in which the transaction data is captured at the merchant location for processing and storage.

Electronic Funds Transfer (EFT):

    A paperless transfer of funds initiated from a terminal, computer, telephone instrument, or magnetic tape.

Enterprise:

    An "enterprise" e-commerce solution indicates technology for a large business enterprise. This usually involves a number of systems that are required to interface with each other as well as a central database management system. The design and management of an enterprise solution can be very complex.

Emulation:

    The imitation of a computer system, performed by a combination of hardware and software, that allows programs to run between incompatible systems.

Encoder:

    A device used to write data onto magnetic stripe cards.

EPROM:

    Read-only, non-volatile, semi-conductor memory that is erasable via ultra violet light and re-programmable. More detailed info here.

Expansion Board/Expansion Slot:

    The optional device board that is usually added inside the system cabinet at an available expansion slot.

Factoring:

    Also known as laundering. When a merchant submits transactions for another merchant that were not conducted at the original merchant's business establishment, this is known as factoring. More detailed info here.

Firmware:

    A computer program or software stored permanently in PROM or ROM. More detailed info here.

Fields:

    A specific position on each track where data may be written or read.

Fixed Data:

    Data which doesn't change. In Card Template, data remains constant from encoding session to encoding session. This means that, until it is modified, each card will encoded with this information. In Set-Up/Encode Fields, data is fixed.

Foil:

    Decorative foils are applied to cards with heat. If you have a specific foil in mind, we can apply it for you, ID Services has a wide variety to choose from.

Hard Disk Drive:

    Enclosed disk drive that contains one or more metallic disks for data storage. A hard disk has many times the capacity of a diskette. More detailed info here.

High-Volume Printing:

    Fast, efficient printing for producing large quantities of cards with minimal down time for supplies loading or maintenance.

High Definition Printing (HDP):

    The High-Definition Printing process prints full-color images onto clear HDP transfer film. The HDP film is then fused to the card through heat and pressure via a heated roller. This revolutionary technology enhances card durability and consistently produces the best card color available - even on tough-to-print matte-finished cards, proximity cards, and smart cards.

High Speed Printing:

    FARGO Card Printer/Encoders are among the fastest desktop card printer/encoders in the industry. High-speed printing allows for more efficient card production - saving time, money, and resources.

Hologram:

    This security feature prevents the reproduction of ATM/Bank cards and credit cards. ID Services has a variety of holograms to choose from or will apply your own custom hologram.

Host Computer:

    A central computer, such as a mainframe computer at a company’s headquarters or central office. The central computer in a star network.

ID Cards:

    An important record-keeping tool for hospitals, nursing homes, healthcare providers, insurance companies and colleges/universities are ID cards. ID Services offers them in four sizes, CR50, 60, 70 and 80, to fit any standard imprinting or embossing system. ID Services offers a variety of card compositions to meet the needs of the specific application. Composite cards are recommended for College/University ID’s due to their flexibility and long life span.

In-Counter Scanner:

    A bar code scanner that normally has multiple laser beams emitting from it to read bar codes in high-speed environments (i.e. grocery stores). An in-counter scanner is usually mounted into a counter top so that products can quickly and easily be passed over the scanner for bar code reading.

Imprinter:

    A device supplied to the merchant to produce an image of the embossed characters of the bankcard on all copies of sales drafts and credit slips.

Issuer:

    A member that enters into a contractual agreement with MasterCard or Visa to issue MasterCard or Visa cards.

JIS II:

    Japanese Industrial Standard for magnetic stripe encoding, published and translated into English by Japan Standards Association.

Key Lock Cards:

    Hotels and resorts all over the world are changing the traditional door locks to electronic swipe key cards. Key lock cards are becoming a necessity to keep hotel guests safe. For excellent performance, the cards must match the system and the applications. ID Services offers roll-on magnetic stripes as well as laminated magnetic stripes in both high energy and low energy coercivity with the hotel and/or its logo perfectly printed.

Key Generator:

    Any tool designed to break software copy protection by extracting internally-stored keys, which can then be entered into the program to convince it that the user is an authorized purchaser.

Key Logger (Key Stroke Logger):

    A program that runs in the background, recording all the keystrokes. Once keystrokes are logged, they are hidden in the machine for later retrieval, or shipped raw to the attacker. The attacker then peruses them carefully in the hopes of either finding passwords, or possibly other useful information that could be used to compromise the system or be used in a social engineering attack. For example, a key logger will reveal the contents of all e-mail composed by the user. Key log programs are commonly included in root kits and RATs (remote administration Trojans).

LCD Display:

    The LCD - or Liquid Crystal Display - shows the current status of the printer, and changes according to the printer's current mode of operation. LCD communicates an error with text, which is easier to interpret than LED lights.

Laser Scanner:

    A bar code scanner that utilizes laser technology. These scanners emit laser beams that read bar codes. Laser scanners have "depth of field" which enables them to read bar codes from short distances away (6" to a few feet).

LED (Light Emitting Diode):

    A semiconductor light source that emits visible light or invisible infrared radiation.

Lockable Hopper:

    Some FARGO Card Printer/Encoders provide a lockable Card Hopper Door. This lock is intended to help prevent theft of your blank card stock. This feature is especially helpful if using valuable card stock such as pre-printed cards, smart cards, or cards with built-in security features such as holograms.

Mag Stripe:

    The magnetically encoded stripe on the bankcard plastic that contains information pertinent to the cardholder account. The physical and magnetic characteristics of the magnetic stripe are specified in ISO Standards 7810, 7811, and 7813.

Member:

    An institution that participates in the programs offered by MasterCard International Incorporated.

Merchant:

    A retailer, or any other person, firm, or corporation that (pursuant to a merchant agreement) agrees to accept credit cards, debit cards, or both, when properly presented.

Merchant Accounting System (MAS):

    The Vital back-end system that handles settlement, interchange and billing.

Merchant Bank:

    A bank that has entered into an agreement with a merchant to accept deposits generated by bankcard transactions; also called the acquirer or acquiring bank.

Merchant Category Code (MCC):

    Four-digit classification codes used in the warning bulletin, authorization, clearing, and settlement systems to identify the type of merchant business in various stages of transaction processing.

Merchant Management System (MMS):

    The Vital front-end system that handles point of sale functions such as terminal types, cut-off times, etc.

Mail Order/Telephone Order (MOTO):

    A transaction initiated by mail or telephone to be debited or credited to a bankcard account.

Magnetic Stripe:

    The black stripe found on the back of most credit cards and many other types of identification cards and drivers licenses. Used to encode and read data, usually identifying the owner of the card.

    Mag Stripe refers to the black or brown magnetic stripe on a card. The stripe is made of magnetic particles of resin. The resin particle material determines the coercivity of the stripe; the higher the coercivity, the harder it is to encode -- and erase -- information from the stripe. Magnetic stripes are often used in applications for access control, time and attendance, lunch programs, library cards, and more.
    Offered in five different sizes and are available in both low coercivity (300 Oersted) and high coercivity (2750 (USA), or 4000 (European) Oersted.)

· 1/8" Covers one track (HEM only)
· 5/16" Covers two tracks
· 6/16" Covers three tracks (3/8")
· 7/16" Covers three tracks
· 8/16" Covers three and one half tracks (1/2")
· 9/16" Covers four tracks (super stripe)
· We can apply roll-on magnetic stripes as well as flush laminated magnetic stripes.

For additional security ID Services offers holo-magnetic stripes. The stripes are custom made with your company name appearing in the stripe. Multiple magnetic stripes can be applied to each card.

Master Register:

    A cash register that acts as the central register or "file server" in a multiple register environment. The master register normally controls "slave" registers that are networked and cable to it.

Megabyte:

    A unit of measure that consists of 1,014 bytes.

Microcomputer (Personal Computer):

    A small. low cost computer originally designed for individual users. Recently, microcomputers have become powerful tools for many businesses that, when networked together, have replace minicomputers and in some cases mainframes and information tools.

Micro-Printing:

    Very small text printed into the plastic card and generally look like thin lines to the naked eye. The text is printed at 9600 dpi (dots per inch) and require a magnifying glass to view the micro-printed text. Desktop card printers print at 300 dpi and can not reproduce micro-printing making micro-printing a very handy feature when checking for counterfeit cards.

Microprocessor:

    Integrated circuit chip that monitors, controls and executes the machine language instructions.

MICR Reader:

    An acronym for Magnetic Ink Character Recognition. MICR Readers are normally used to read the encoded information within the ink on a check.

Modem (Modulator - Demodulator):

    A device used to convert serial digital data for transmission over a telephone channel, or to reconvert the transmitted signal to serial digital data for acceptance by a receiving terminal.

Monochrome Monitor:

    A monitor that displays characters in only one color, such as amber or green.

Multi-User:

    Multi-user systems consist of two or more computers that are connected together and that share data and peripherals. A multi-user system includes a host computer (file server) and one or more stations. All stations share the same hard disk and may share other devices such as printers.

Mean Time Between Failures (MTBF):

    The average time between failures of a particular device based on statistical or anticipated experience.

Network:

    A communications system connecting two or more computers and their peripheral devices.

Network Card:

    An expansion card that is installed in an available slot in a computer so that it may connect and communicate to another computer.

Operating System:

    System that consists of several programs that help the computer manage its own resources, such as manipulating files, running programs and controlling the keyboard and screen. More detailed info here.

Output Stacker:

    The Output Stacker stores printed cards in a first-in/first-out order. This feature makes it easy to keep printed cards in a specific order for faster issuance or to print serialized cards.

Oversize Cards:

    Oversize cards are used for more efficient visual identification and are available in many non-standard sizes. The most popular sizes are CR-90 (3.63" x 2.37"/92 mm x 60 mm) and CR-100 (3.88" x 2.63"/98.5 mm x 67 mm).

Over Laminate:

Protective clear or holographic material designed to offer advanced card security and durability. Two types are available from FARGO: Thermal Transfer Over laminate is a .25 mil thick material that enhances card security and durability. Poly Guard Over laminate is available in a 1 mil and .6 mil thick material and provides extraordinary protection for applications that require highly durable cards.

Overlay Panel:

    The clear overlay panel (O) is provided on dye-sublimation print ribbons. This panel is automatically applied to printed cards and helps prevent images from premature wear or UV fading. All dye-sublimation printed images must have either this overlay panel or an over laminate applied to protect them.

Over-the-Edge:

    Refers to the maximum printable area on a card. Printer/Encoders with over-the-edge printing capability can print past the edge of a card resulting in printed cards with absolutely no border.

Parallel Transmission/Communication:

    Transmission mode that sends a number of bits simultaneously over separate lines. Usually unidirectional. More detailed info here.

Peripheral Device:

    Hardware that is outside of the system unit, such as a disk drive, printer, cash drawer or scanner. More detailed info here.

Polling:

    A means of controlling devices on multi-point line. Usually utilized to send/receive information via modem from remote computers to a central computer.

Poly Guard:

    A card over laminate available in 1 mil and .6 mil thicknesses that provides extraordinary card protection; ideal for harsh or more secure environments. Available as clear or with embedded holographic-type security images.

Point-of-Sale (POS):

    Term normally used to describe cash register systems that record transactions or the area of "checkout" in a retail store.

PIN Numbers:

    This security feature will activate usage of the card. Once the numbers have been supplied from our customers, ID Services can apply them to the customer cards. More detailed info here.

PIN Pad:

    A "pin pad" is a small keyboard that normally contains numeric keys. PIN is an acronym for personal identification number which is normally entered into the keyboard "pad" to verify account information for a transaction (i.e. similar to an automated teller machine).

Programmable Keyboard:

    A keyboard that is capable of being configured and programmed in a variety of ways. Programmable keyboards allow keys to represent special departments, functions, product, etc.

Projection Scanner:

    A type of bar code reader that is normally placed vertically, and that projects laser beams horizontally to scan bar codes. Often used when high performance and speed to reading bar codes is critical.

Protocols:

    A set of rules for the exchange of information, such as those used for successful data transmission.

Proximity Card:

    Proximity cards allow access and tracking utilizing contactless technology (usually by communicating through a built-in antenna).

Proximity Card Encoder:

    The prox card encoder uses a HID ProxPoint® Plus reader mounted on the e-card docking station inside the printer/encoder. The ProxPoint is a "read only" device producing a Wiegand signal that is converted to RS-232 using a Cypress Computer Systems CVT-2232. Application programs can read information from HID prox cards via a RS-232 signal through a dedicated DB-9 port on the outside of the printer labeled "Prox."

Polyvinyl Chloride (PVC):

    These cards are manufactured for mechanical style embossing and to be our least expensive card option. They are available in 23 different colors and three different card finishes. Heat distortion occurs at 130°F and the cards will flex approximately 2,500 flex cycles. Estimated normal card life: 18 months. Chemistry info here.

Portable Document Format (PDF):

    Adobe's file format is the de facto standard for electronic document distribution. It is the preferred means of distributing documents online because it preserves fonts, formatting, colors and graphics regardless of the application or platform used to create it. The Adobe Acrobat Reader, required to read PDF files, is available free from the Adobe web site.

Plain Old Telephone Service (POTS):

    The standard analog telephone service with no enhancements like call waiting, etc. More detailed info here.

Purchase Card:

    The Purchase card is issued to corporations, businesses and governments. It provides control over daily and monthly spending limits, total credit limits, and where the card may be used. It also reduces the administrative cost associated with authorizing, tracking, paying, and reconciling those purchases. Many employees may be issued the same card number.

Random Access Memory (RAM):

    Temporary storage that holds the program and data the CPU is processing. More detailed info here.

Resin Thermal Transfer:

    Resin Thermal Transfer is the process used to print sharp black text and crisp bar codes that can be read by both infra-red and visible-light bar code scanners. It is also the process used to print ultra-fast, economical one-color cards. Like dye-sublimation, this process uses a thermal Print head to transfer color from the ribbon roll to the card. The difference, however, is that solid dots of color are transferred in the form of a resin-based ink which fuses to the surface of the card when heated. This produces very durable, single-color images.

Scale:

    A scale is a peripheral device used to record the weight of an item and transmit the amount to a computer for processing.

Scratch-Off Panels:

    Applied through hot stamping or silk screening. Typically they are used to cover pin numbers on pre-paid phone cards.

Serial Transmission:

    Transmission mode that sends data one bit at a time. In most cases, in personal computers, serial data is passed through as RS232 serial interface port.

Signature Capture:

    A peripheral device that electronically captures an individual’s signature for customer identification and transaction applications.

Slave Register:

    A cash register that is driven by a "master" register in a multiple register environment.

Smart Guard:

    Smart Guard is a printer security option that uses a custom access card and a built-in reader to restrict printer access. With this feature, only those with a valid access card can print cards. This makes both your printed cards and your overall system more secure.

Smart Load:

    Smart Load is an exclusive FARGO technology used in CardJet Card and Ink Cartridges to advise you on the status of your CardJet supplies. In CardJet Ink Cartridges, Smart Load technology reports the number of prints remaining in the cartridge and alerts you when ink is low or out. In CardJet Card Cartridges, Smart Load technology tells you to install a new cartridge when the card supply runs out.

Smart Load Card Cartridge:

    Cartridge that is pre-loaded with CardJet Cards at the factory. They snap into the back of the printer in just seconds. Smart Load technology inside the cartridges alerts you to install a new cartridge when the card supply runs out.

Smart Load Ink Cartridge:

    CardJet Ink Cartridges are available with both full-color and black (used for infrared bar codes only) inkjet inks. Cartridges snap into the printer just like the cartridges used in other familiar office or home inkjet printers. Smart Load technology inside the cartridges reports the number of prints remaining in the cartridge and alerts you when ink is low or out.

Smart Shield:

    This option allows the printer/encoder to print custom, reflective security images on the card that fluoresce under a black or UV light source.

Solenoid:

    Solenoids are commonly used in "dumb" cash drawers and incorporate a cable connected trigger which releases the drawer. Cash drawers with solenoids are interfaced to receipt printers that "drive" them. Solenoids have different voltages and are integrated into the cash drawer dependent on the printer they are interfaced to.

Standard Cards:

    The standard card size is CR-80. CR-80 dimensions are 3.375" x 2.125" (85.6 mm x 54 mm).

Thermal Transfer:

    Thermal transfer is a printing technology method in which printers use regular paper and a heat sensitive ribbon. The ribbon deposits a coating of dark material on the paper when exposed to intense heat. Thermal transfer printers produce a more durable label that won’t fade as quickly as direct thermal labels and are often used when a label needs to endure longer than a year.

Thermal Transfer Over Laminate:

    A card over laminate available in a .25 mil thickness that increases card security and durability; often used for moderate durability applications or when additional security (such as holographic images) are needed.

Till:

    The paper money and currency tray that holds money in a cash drawer. Tills are usually available in 4 or 5 till versions, available with lock and cover and are removable.

Track:

    One of up to three portions of a magnetic stripe where data can be written.

Track 1:

    Track one is a "track" of information on a credit card that has a 79 character alphanumeric field for information. Normally a credit card number, expiration date and customer name are contained on track 1.

Track 2:

    Track two is a "track" of information on a credit card that has a 40 character field for information. Normally a credit cad number and expiration date are contained on track 2.

Track 3:

    Track three is a "track" of information on a credit card that has 107 character field for alphanumeric information. Normally a credit card number, expiration date and room for additional information are available on track 3.

UNIX:

    UNIX is a terminal based operation system in which "dumb" terminals are communicating back to a "smart" processing unit or host.

UPS:

    An acronym for uninterrupted power source. A UPS is primarily used as a back up power source for computers and computer networks to insure on-going operation in the event of a power failure. Sophisticated units also have power conditioning and power monitoring features.

UV Inks:

    Most commonly used to put hidden graphics and text on a plastic card. The inks are invisible until the card is subjected to a certain colored light (for instance, when placing a California drivers license under a black light the image of the California flag will become visible in green and orange.) UV inks are used as an aid in detecting counterfeit cards. They come in a variety of colors and can react to different colored lights. Desktop card printers are unable to print UV ink.

Variable Data:

    Information which changes with each encoding session or on a card-by-card basis.

Wand:

    A pen-shaped bar code scanner that emits a beam from the end or tip of the wand. Wands are older, bar code reading technology but inexpensive and still widely used where speed and performance are not crucial.

Wedge:

    A wedge decodes "read" data (i.e. bar codes, credit cards) and communicates that information through a keyboard port on a computer. The keyboard plugs into the wedge and the wedge device plugs into the computer where the keyboard was. Sophisticated wedges can accept a few different peripheral devices. Also See Decode.

Carding Terminology Used by Enemy (Basic)

Bank/Issuing Bank:

    Bank which has issued the card.

Billing Address:

    The card owner address (Home, Office, Etc).

Billing:

    Usually office only, which has agreement with a bank. Also this office assumes payments for the card.

Drop:

    A partner of Enemy. His task is to receive money or goods and, accordingly, to give part of the earnings to you (share/commission).

Card Bill:

    Monthly issued statements of accounts, usually sent by mail to cardholder or emailed instead (e-statement).

Bank-Enquirer:

    A bank, in which the person (cardholder) opens their account at (branch).

Merchant Account:

    Bank account that accepts credit card payments.

Merchant Bank:

    A bank, through which payments between the buyer and the company/seller goes to for clearing purposes (usually used as synonym to "Bank-Enquirer").

Cardholder:

    Owner of the card.

Validity:

    Duration of validity of the card before it expires.

White Plastic:

    A piece of the pure plastic card, where the information is written or will be written to.

CR-80:

    Rectangular piece of pure white plastic (without any image or other color except white) with the size of a credit card with the magnetic strip.

Transaction:

    Charge to a credit/debit card.

POS terminal (Point of Sale terminal):

    Reading card service used by merchants or sellers at commercial point.

PIN-Code:

The secret number, which consists of 4 or 6 digits. It is only known to the owner of the card.

AVS (Address Verification System):

    The card owner's address, used to confirm the cardholder's billing address.

"Globe":

    Card holograph with the image of two hemispheres (MasterCard).

Pigeon/Hen:

    Card holograph with the image of the flying pigeon (Visa).

Reader:

    Information reader device/magnetic card reader; for the readout from the magnetic strip of card.

Encoder:

    Read/write device for the magnetic strip of the card.

Embosser:

    An embosser is an impact printer that renders the text/numeric on a plastic card. It can also be used to press alphabets to form the name of the cardholder.

Card Printer:

    Card information printing device.

Expiration Date:

    Card validity period.

Area Code:

    The first 3 or 6 numbers of the card owner phone.

CVV, CVV2 or CVN:

    3 or 4 additional numbers, which stands at the end of the number card. For more info, click here.

e Plus:

    Program for checking the card's validity.

BIN:

    First 6 numbers of the card number, because of this number, it is possible to learn what bank issued out the card and what is the type of this card (ATM Only, Gold, Debit, etc). For more information about type of cards, here you go (Visa, MasterCard, or Amex).

Charge back:

    The cardholder's bank voids the removal of money from the card and the sent funds from the card is formally requested back.

Dump(s):

    Information, which is written to the magnetic strip of the card, it consists of 1, 2 and/or 3 tracks.

Track(s):

    A part of the dump with the specific information.

- Track 1 - The information about the owner of the card.

- Track 2 - Information about the card (no name will be available, card number only), type of card, expiration date, service code, etc.

- Track 3 - It is possible to say - spare, it is used by stores for the addition of loyalty points, store points and so on.

Slip:

    In other words, a cheque/check.

Card Balance:

    The most current financial sum that can be found on the card/account.

MMN (Mother's Maiden Name):

    Important if you want to change the billing address or make any other alterations to the account.

Automated Clearing House (ACH):

    The voluntary association of depositors, which achieves clearing of checks and electronic units by the direct exchange of means between the members of association. For more info, click here.

Continuous Acquisition and Life-cycle Support (CALS):

    This system makes it possible to computerize all data about the design, development, production, servicing and the propagation of the production. For detail information, it's here.

Debit Card:

    Card, which resembles a credit card, but the difference being that a debit card has funds deducted at the moment of purchase. Whereas a credit card may have a extended period of funds being deducted for interest purposes.

Delivery Versus Payment (DVP):

    The system of calculations in the operations with the valuable papers, ensures the mechanism, which guarantees that the delivery will occur only in the case of payment and at the moment of payment. Quite complicated to understand, re-reading it multiple times and in details will help.

Direct Debit:

    Payment levy method, mainly, with the repetitive nature (lease pay, insurance reward, etc.) with which the debitor authorizes his financial establishment to debit his/her account when obtaining of calculation on payment from the indicated creditor.

Electronic Fund Transfer (EFT):

    The remittance of means, initiated from the terminal, telephone or magnetic carrier (tape or diskette), by transfer of instructions or authorities to financial establishment, that concern to the debiting or crediting of the account (see Electronic Fund Transfer/Point of Sale - EFT/POS).

    In other words, transfer via Internet Banking or other means with online transaction.

Electronic Fund Transfer/Point of Sale - EFT/POS:

    Debiting from the electronic terminal, for the means transfer purpose from the account of a buyer into the payment on the obligations, which arose in the course of transaction at the point of sale.

Integrated Circuit (IC) Card:

    It is known also as chip card. Card equipped with one either several computer micros-chip or integrated microcircuits for identification and storing of data , utilized for the establishment of the authenticity of personal identification number (PIN), for delivery of permission for the purchase, account balance checking and storing the personal records. In certain cases, the card memory renewal during each use (renewed account balance).

Internet:

    The open world communication infrastructure, which consists of the interrelated computer networks and which provides access to the remote information and information exchange between computers and servers.

International Standardization Organisation (ISO):

    International organization, which carries out standardization, with the staff office in Geneva, Switzerland.

Magnetic Ink Character Recognition (MICR):

    System, which ensures the machine reading of the information, substituted by magnetic inks in the lower part of the check, including the number of check, the code of department, sum and the number of account. More detailed info here.

RSA (Algorithm):

    The coding and authentication technology, developed in 1977 in MIT by Rivest, Shamir and Adleman, which subsequently opened their own company RSA Data Security, Inc., purchased recently by the company Security Dynamics Technologies, Inc. More info 1. More info 2.

Real-Time Gross Settlement (RTGS):

    The payment method, with which the transfer of means is achieved for each transaction in obtaining of instructions about the payment. Decrease the risk with the payment. More info here.

SSN (Social Security Number):

    Nine-digit number issued in US only to an individual. Its primary purpose is to track individuals for taxation purposes.

Smart Card:

    Card equipped with integrated circuit and microprocessor. It can either be contact or contactless card. More detailed info here.

Systemic Risk:

    The risk of collapse of an entire financial system or entire market, as opposed to risk associated with any one individual entity, group or component of a system, that can be contained therein without harming the entire system. More detailed info here.

Truncation:

    Procedure, which makes it possible to limit the physical displacements of a paper document, in the ideal version, by the bank of the first presentation, by the replacement by electronic transfer of entire or part of the information, which is contained on this document (check).

    Taken from the word itself "Truncation".

Tipper:

    A machine designed for use with PVC plastic cards to create raised print. (basically a plastic card embosser).

COB:

    Change of billing. Used for online carding, to change the billing address of a card since Online Stores will only ship large items if the billing and shipping address match.

DOB:

    Date of birth of the card owner.

Types of Cards (Advanced) - American Express

Picture is Copyright of American Express

Blue Cash:

    American Express Blue Cash credit card is a low interest card that offers its customers the opportunity to earn cash back with any purchase. With online access to track their account as well as rebate information and balances, the Blue Cash is a diverse card ideal for the demanding client.

Blue for Business (Small Business):

    This card is ideal for the small family business or the one without a lot of overhead. Sharing in the great tradition and benefits of other cards offered by American Express, their Small Business cards offer attractive interest rates and points reward systems.

Blue for Business:

    Designed for businesses, the American Express Blue for Business credit card offers business fee-free purchases for those items that are specifically for their business. Also, American Express offers points for every dollar purchased that can be redeemed for travel, entertainment or other needs.

Centurion:

    American Express Centurion, or Black Centurion card was introduced in the 1980s and is a select card for its most successful and demanding clients. With staggering annual fees and, in some cases, initiation fees, this card was designed and continues to be the pride of its most valued clients.

Citic:

    American Express has joined forces in China with their Citic Bank that enables American Express cardholders to make purchases within China without the need for their cards. This is ideal for the traveling businessman or businesswoman who can find the convenience an excellent way of making the most of their time in China.

Corporate:

    Offering expense management tools, the American Express Corporate Card is perfect for large business and corporations that have cash flow coming in and going out on a regular basis. This program can help these businesses run more efficiently and earn points and other rewards when they use their American Express Corporate Card for purchasing supplies, travel arrangements, and other expenses.

Credit:

    American Express offers a large range of options for their demanding clientele including small business and corporations. Valued and respected worldwide, the American Express credit card in your wallet is a sign that you've finally made it in life.

Gold:

    The traditional American Express credit card, the American Express Gold Card is the flagship for the brand. With no annual fee for the first year, this is an ideal card for those consumers looking for purchasing power and respect worldwide. The Gold Card also offers entertainment access, including the opportunity to purchase tickets for certain events before they go on sale to the general public. With protection unmatched in the market, the Gold Card stands by its proven reputation.

Green:

    The American Express Green Card has features that protect the consumer for returns, fraud, and other potential situations that come up. With no interest when the balance is paid in full each month, the Green Card is perfect for those consumers that want the convenience of a respected card and maintain their financial accounts in good standing.

Types of Cards (Advanced) - MasterCard

Picture is Copyright of MasterCard

Tribute ($300 Card Limit):

    This is ideal for individuals with poor credit scores who wish to begin the process of rebuilding their credit rating. It begins at a $300 limit and can be increased over time with on-time payments and avoiding overdrawing the credit line.

ATM Only:

    When you open an account with a bank, many offer the option of having an ATM only debit card from MasterCard. This offers the cardholder an option to use their debit card as thousands of locations worldwide.

Cirrus:

    This feature that MasterCard holders can use links their bank with over banks domestically as well as internationally. A Cirrus cardholder can perform transactions at any Cirrus ATM worldwide, sometimes for a fee.

Electronic:

    This card feature is only good for electronic purchases, meaning those made online or through online retailers. It cannot be used in traditional brick and mortar stores.

Gift:

    MasterCard Gift Cards have become exceedingly popular as a gift idea for any number occasions including holidays, birthdays, graduation and other events. It can redeemed and used at any retailer or location that accepts MasterCard debit cards.

Gold:

    The popular card of MasterCard offers its members protection against fraud as well as insurance and coverage for a host of potential traveling headaches including baggage delay insurance as well as auto rental insurance. It is in the same family as the MasterCard Platinum card.

Maestro:

    MasterCard's premier international debit platform, this option was designed for MasterCard's European consumers (but now international) and works in much the same way as Cirrus in that it allows MasterCard customers access to ATM and retailers around the world, in more than 100 countries.

Standard:

    The basic, entry level card in MasterCard's line of credit cards, the Standard MasterCard can be used in millions of retailers worldwide and offers Zero Liability Protection and access to MasterCard's Global Service which is basically emergency service twenty-four hours a day from anywhere in the world.

Platinum:

    Offering many of the same features as MasterCard's Gold Card, the MasterCard Platinum takes these features one step further for its customers. With generally better interest rates and access to cash advances, the MasterCard Platinum is ideal for the average professional whose needs are always on the go.

Prepaid:

    MasterCard Prepaid cards offer their customers the option to 'load' money into their account so that they have access to their money using their MasterCard logo card at millions of retailers worldwide. Safer and more convenient than cash, the Prepaid MasterCard is ideal for consumers who have trouble obtaining credit.

World Signia (now is World Elite):

    The World Signia (World Elite) MasterCard was designed for its most demanding customers and is the elite card in MasterCard's prestigious family. With personalized support when traveling worldwide, as well as availability for cards to share with your family, the World Signia Mastercard is the cream of the crop of cards.

Types of Cards (Advanced) - VISA

Picture is Copyright of Visa

ATM Only:

    This is a ATM only debit card, which the card holder may only use this card for ATM withdrawal from their bank accounts. This card can only withdraw from several ATM that accepts Visa, Visa Electron and their affiliate partners.

    Warning: This card cannot be used as a credit or debit purchases in any POS (Point of Sale) or online.

Classic:

    Visa Classic offers zero person interest for the first 6 months after approved application. The cardholder is not required to pay annual fee if the cardholder make just one purchase per year.

    Plus 1: Starting with this type, cardholder can request to have additional cards to share for family members.

    Plus 2: Offers 20 to 25 days grace period and liability protection.

Business:

    This card allows consumers to earn points, uses reporting tool to track balances, accounts and transactions. Visa Business card owners guaranteed to have Visa's powerful fraud protection.

    Plus: Earn discounts on business purchases at selected retailers.

Corporate:

    Ideal card for corporate to monitor and control their expenses. Able to unify expense reports, decrease travel and entertainment costs, and monitor employees travel expenses. Powerful tools helps corporations, the Visa Corporate card offers flexibility and accountability options for leaders in industry. Visa also offers rental insurance options and emergency cash and card replacement for employees during their business trips.

Corporate T&E (Travel & Entertainment):

    Easy way for corporations to monitor employee expenses, apart from payrolls and salaries. By monitoring from T&E, it helps corporate clients to keep track of these expenses, which have been difficult to monitor before.Most common use of these is when employees travel or entertain potential partners for clients. T&E helps accounting efforts to ensure that these expenses are legitimate and help reduce potential fraud and corruption from employees themselves.

    Plus: Monitoring employees expenses domestically and internationally (applies for both Corporate and Corporate T&E).

Dividend Signature:

    Credit card offered through a secondary bank. Customers still get benefits from Visa, including acceptance at more than one million locations worldwide, cash advances, and more, plus specific bonuses offered by the secondary bank. Some bonuses may include cashback rewards or air miles through specific airlines.

Electron:

    Available in many locations worldwide but doesn't include the United States, Canada, Australia, or Ireland. Visa Electron works like a debit card, which requires the cardholder to have prepared the specific amount in their bank account for transactions or their card will be denied. Some debit cards allow overdrawing an account, but with Electron, it is not possible.

Gold:

    The basic standard card from Visa. Offers many same great benefits and protection as other Visa card but also offers cardholders for emergency medical and legal referrals when traveling.

    Plus: Sometimes cardholders have access to travel and hotel accommodations special and packages.

Premium:

    Loaded with all benefits from Visa Gold card, Visa Premium have more offers and benefits for travelers but one vary from customer's needs. Always check on options when applying this card.

Horizon Classic:

    Offered to Canadian subscribers through CIBC. It entitles cardholder for reward programs and the Aeroplan, which involves earning flyer miles with each purchase is made. With nominal annual fee, it comes with the safety and security that backs all Visa transactions.

    Warning: Horizon Classic can only be available through Canada (better to ask your bank if they have this type of card available for clients).

Infinite:

    Designed to meet the needs of a select group of upscale client, Visa Infinite is only available in a select number of nations around the world. It is promoted for their most prestigious members whom are successful and demanding businessman and businesswoman. Backed by the strength and security of the Visa corporation, the Infinite comes with infinite possibilities.

Loaded:

    Equivalent to a prepaid debit card, this card can be used anywhere in the world where Visa debit is accepted. The account of the card must have funds, enough to make the amount of transaction requested by the cardholder. Visa's protection plan supports these clients as they do with all other offers.

Multi Currency:

    Visa has teamed with MasterCard to offer global merchants an opportunity to transact with clients from all over the world without having to be concerned with conversion rates or delays in payment.

Purchasing:

    Visa Purchasing Card is available in Europe and accepted in over 8 million locations throughout Europe. Designed for businesses in Europe, the Visa Purchasing Card makes it easy for business to track expenses and procurement.

Platinum:

    Visa Platinum Card is the next step in credit cards from the Gold or Premium. With higher limits and lower rates, the Platinum card is ideal for customers who demand more from their credit card and still expect the same level of security.

Plus:

    Visa's global mark for ATM machines, this logo on the back of the card means that Visa cardholders can use any ATM machine throughout the world that contains this icon. Specific fees may apply to different ATM machines.

Premier Miles Signature:

    Ideal for travelers who use their credit cards for many purchases, the PremierMiles Signature Visa Card offers airline miles for every purchase made. Over time, these miles can add up to free airfare to certain locations.

Rebate:

    These promotional cards are used by businesses when sending out rebates to customers for qualified purchases. These cards will be pre-loaded with the rebate amount and can be used at any retailer that accepts Visa cards.

Signature:

    No preset spending limit, the Visa Signature Card is ideal for its customers who have built their reputation through years of hard work and financial responsibility. The Signature card removes the hassles of traditional credit cards and brings more freedom to the cardholder.

Signature Business:

    Signature Business Visa Card allows its members to enjoy savings, excellent reporting tools, and rewards for everyday business purchases. It also give the cardholder business access to entertainment and events packages, travel specials, upgrades, and more, including 24/7 concierge service.

Top-Up Card:

    Top-Up card is another variation of the growing popularity in prepaid debit cards. Visa's Top-Up Card is ideal for those that want to benefits of Visa's security and flexibility as they are accepted wherever Visa is accepted.

Travel Money:

    Visa Travel Money is another prepaid plan that is advertised to travelers as it takes the place of Traveler's Checks. Able to be used anywhere Visa debit is accepted, the account associated with this card is deducted with every purchase.

V Pay:

    Specified for European customers, the V Pay is a debit card using the Visa logo. More and more banks in Europe are beginning to use the V Pay debit card for its customers.

Visa Cash:

    Visa Cash is the latest in technology in which a small electronic chip is embedded in the Visa Card that store pin and other information. A customer can charge the card at an ATM, and then the card acts as a cash machine. All you have to do is run the card at a vendor and the amount is deducted from the card.

Visa Commerce:

    Visa Commerce is a powerful electronic business-to-business payment and processing management solution. Visa Commerce help businesses overcome the costly expense of check payments an limitation of other payment options.

Card Association

    A Card Association is a network of issuing banks and acquiring banks that process payment cards of a specific brand.

Examples

    Familiar payment card association brands include China UnionPay, RuPay, Visa, MasterCard, American Express, Discover, Diner's Club, and JCB. Visa, MasterCard and American Express issuers co-brand with their card association, for example, "WellsFargo-Visa" and "Citi-MasterCard".

Statistics

    Card associations Visa and MasterCard each comprise over 20,000 card issuing banks.

    Among Unites States consumers alone, over 600,000,000 payment cards are in circulation.

    Worldwide, Visa issuers have over 1.5 billion payment cards in circulation.

CVV and CVV2 (?)

Example of CVV2 for Visa debit/credit card

What is CVV2?

    CVV2 is a security feature for credit card transaction on the internet and over the phone.

    CVV itself stands for "Card Verification Value".

Discover card calls it the "Cardmember ID"

So what is CVV or CVV1?

    There are to types of CVV, classified as CVV/CVV1 and CVV2. The first CVV can only be found inside the card data, not elsewhere. While CVV2 is found only on your physical card.

Additional Info:

    Not all card association have the same length of CVV.

- American Express (Amex) = 4 digits (rare occasion of 3 digits).

- Visa = 3 digits.

- MasterCard = 3 digits.

- Discover = 3 digits (rare occasion of 4 digits).

Amex CVV2 can only be found in front of the card.

While other cards are at the back.

Types of Cards (Basic)

    As you know, there are different type of network integrated to an debit or credit card. The most common one are VISA, MasterCard and American Express.

These brands are known as Card Association.

    So let us get to the point, when you receive your card, you always get different numbers but come cards can come up with the same first digit. That same first digit applies to all cards with the same network; VISA, MasterCard, etc.

    Each card has their own unique numbers to associate it with the card owner. Each card have their own CVV2 (I will discuss about this in another post) to authenticate the originality of the card.

So what are the types of cards and their digits?

1. American Express (Amex) = 3*** **** **** ****
2. VISA = 4*** **** **** ****
3. MasterCard = 5*** **** **** ****
4. Discover = 6*** **** **** ****

What is ATM skimming?

    According to the Commonwealth Bank, ATM card skimming is "A method used by criminals to capture data from the magnetic stripe on the back of an ATM card. Devices used are smaller than a deck of cards and are often fastened in close proximity to, or over the top of the ATM's factory-installed card reader. ATM skimming is a world-wide problem."

So how does ATM skimming works?

1. It uses a small magnetic card reader to capture the data inside the ATM card.

It may look like this (ATM skimmers is more sophisticated, so its size is smaller and color may differ).

2. A keypad that records any number you input, it sticks on top of the original ATM keypad.

The keypad may look original as the ATM as well, but it sticks out a bit.

3. A mini digital camera that may last few hours up to 1 day (depends on the camera itself) and usually sticks around a brochure box or on top of the ATM screen.

Camera placement can be anywhere

    Always be careful when entering an ATM, always look for these sign, and make sure to cover the keypad with your hand (after you are sure the keypad itself is original) when typing your pin so even though your card's data is captured, the pin is still safe.