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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
Ãâó: www.creditcards.com/credit-cards-glossary.php
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.
Ãâó: www.merchantseek.com/glossary.htm
authorization Authorizes a program, specifying its general purpose and broadly, how that purpose is to be achieved, and sets a funding ceiling for the program.
Ãâó: www.osa.org/publicpolicy/glossary/default.asp
authorization A procedure where a user of a Bluetooth device grants a specific (remote) Bluetooth device access to a specific service. Authorization implies that the identity of the remote device can be verified through authentication.
Ãâó: www.atmel.com/products/Bluetooth/terms.asp
authorization A process defined in operations regulations whereby a transaction is approved by or on behalf of an issuer; commonly understood to be receiving of a sales validation by the merchant, by telephone, or authorization terminal.
Ãâó: www.1stamericancardservice.com/Glossary.html
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