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PAN

See Primary account number (PAN).

 

Patriot act

See USA PATRIOT act.

Personal identification number (PIN)

A numerical code used in electronic financial transactions. Usually issued for payment cards and are required to complete a transaction.

 

PIN

See Personal identification number (PIN).

 

Point of sale (POS)

The place where a customer executes they payment for goods or services and where POS terminals and systems are used to process card payments. This also applies to virtual sales from a computer or mobile electronic device.

 

POS

See Point of sale (POS).

 

PPD

See Standard entry code.

 

Primary account number (PAN)

A 16-digit number generated as a unique identifier designated for a primary account.

 

Provisional credit

A temporary credit issued to an account in situations in which a transaction is being disputed.