| authorization |
The process by which a transaction is approved by the issuer, or by Visa/MasterCard on behalf of the issuer. Permission is given to (or denied) the merchant, via the acquirer, to accept a specific transaction from the cardholder account. An authorization indicates only that the card is valid and that sufficient funds are available on the cardholder's credit limit at the time the request is made.
출처: www.paymentech.com/glo_glo_a_page.jsp
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| authorization |
The granting of rights, including the ability to access specific information or resources.
출처: www.pki.vt.edu/help/glossary.html
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| authorization |
Authorization refers to the granting of specific types of service (including "no service") to a user, based on their authentication, what services they are requesting, and the current system state. Authorization may be based on restrictions, for example time-of-day restrictions, physical location restrictions, credit limit or restrictions against multiple logins by the same user. ...
출처: tiefighter.et.tudelft.nl/~arthur/aaa/aaaterms.html
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| authorization |
Every retailer has a purchase limit above which they must seek authorization from the card issuer before they can complete the sale. Such authorization can be done by telephone or electronically at the cash till. Authorization is used to control credit card fraud. The cardholder
출처: www.creditcards.com/credit-cards-glossary.php
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| authorization |
This is the process where permission is granted by the card issuer (the financial institution) allowing the payment transaction to proceed. It is during this process that the issuing bank checks that the available credit on the card is not exceeded.
출처: www.merchantseek.com/glossary.htm
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