Multiple choice technology mainframe

What is On-Us cards?

  1. Issuer & Acquirer are different.

  2. Issuer & Acquirer are same.

  3. Issuer is tied up with any social service group

  4. None of the above.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

On-us transactions occur when the issuer and acquirer are the same bank - the cardholder and merchant use the same financial institution. This simplifies processing and often has lower fees. Option A describes off-us transactions (different institutions), C is unrelated, and D is incorrect.

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