Card Payments

MasterCard Remote Payment and Presentment Service (RPPS)

What is the MasterCard Remote Payment and Presentment Service (RPPS). The mastercard remote payment and presentment service (RPPS) is a specialized payment solution designed to support recurring, bill-based and remote payment use cases.

MasterCard Interchange Rates Table

What is the MasterCard Interchange Rates Table. The mastercard interchange rates table is a structured reference that outlines the interchange fees applied to card-based transactions processed on the mastercard network.

Digital Payments

What are Digital Payments. Digital payments refer to financial transactions conducted electronically without the exchange of physical cash. Instead of using banknotes or coins, value is transferred through digital channels such as cards, mobile applications, online platforms and electronic networks

Recurring Payments

What is Recurring Payments Recurring payments are automated financial transactions that occur on a regular schedule, such as weekly, monthly, or annually.

Card Present (CP)

What is Card Present (CP). Card present (CP) refers to transactions where the cardholder physically presents their payment card at the point of sale. This usually occurs in face-to-face settings such as retail stores, restaurants, or hotels.

Card Not Present (CNP)

What is Card Not Present (CNP). Card not present (CNP) refers to a payment card transaction where the cardholder does not physically present the card to the merchant during the sale.

Bank Identification Number (BIN)

What is a Bank Identification Number (BIN). A bank identification number (BIN) refers to the first four to six digits printed on a credit card, debit card, or other payment card. These digits uniquely identify the financial institution that issued the card and the card network it operates on.