What is a Card Issuer?
A card issuer (or issuing bank) is the financial institution that provides payment cards to consumers and businesses. The issuer manages the cardholder's account, sets credit limits and interest rates, and is responsible for approving or declining transactions.
Overview
A card issuer (or issuing bank) is the financial institution that provides payment cards to consumers and businesses. The issuer manages the cardholder's account, sets credit limits and interest rates, and is responsible for approving or declining transactions.
How It Works
This technology plays an important role in the payment card ecosystem, enabling secure transactions across multiple channels.
Security Considerations
Under PCI DSS, all cardholder data — whether from chip cards, magnetic stripes, or card-not-present transactions — must be protected. The method of data capture determines which PCI DSS requirements apply.
Paytia handles card-not-present payments where card issuers are used over the phone. DTMF suppression ensures card details are captured securely without agents hearing them, regardless of the card type.
Frequently Asked Questions
What is a card issuer?
A card issuer (or issuing bank) is the financial institution that provides payment cards to consumers and businesses. The issuer manages the cardholder's account, sets credit limits and interest rates, and is responsible for approving or declining transactions.
Can I use a card issuer for phone payments?
Yes. Card Issuers can be used for phone payments. The card number, expiry date, and security code are entered on the phone keypad using DTMF masking technology.
Is a card issuer secure?
Yes, when handled correctly. PCI DSS requires all card data to be protected regardless of card type. Using DTMF masking for phone payments ensures the data never enters the agent environment.
Related Terms
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