Difference between revisions of "Alternative Card Network (ACN)"
(An alternative card network carries payment messaging (or payment instructions) across a communications network (for example, an IP-based network) for authorization, clearing and settlement processes) |
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| − | An alternative card network carries payment messaging (or payment instructions) across a communications network (for example, an IP-based network) for authorization, clearing and settlement processes, and has its own scheme (arrangements among participating entities, such as issuers, acquirers, processors and operators of the payment system network).<ref>What is an Alternative Card Network [http://www.gartner.com/it-glossary/alternative-card-networks/ Gartner]</ref> | + | An alternative card [[network]] carries payment messaging (or payment instructions) across a communications network (for example, an IP-based network) for authorization, clearing and settlement processes, and has its own scheme (arrangements among participating entities, such as issuers, acquirers, processors and operators of the payment [[system]] network).<ref>What is an Alternative Card Network [http://www.gartner.com/it-glossary/alternative-card-networks/ Gartner]</ref> |
===References=== | ===References=== | ||
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Revision as of 13:41, 6 February 2021
An alternative card network carries payment messaging (or payment instructions) across a communications network (for example, an IP-based network) for authorization, clearing and settlement processes, and has its own scheme (arrangements among participating entities, such as issuers, acquirers, processors and operators of the payment system network).[1]