Multiple choice technology mainframe

What is Off-Us cards?

  1. Issuer & Acquirer are different.

  2. Issuer & Acquirer are same.

  3. Issuer, Acquirer and Network are different.

  4. None of the above.

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A Correct answer
Explanation

In card payment terminology, 'Off-Us' refers to transactions where the card issuer and merchant acquirer are different entities. When a customer uses their card at a merchant whose bank is different from the card-issuing bank, it's an off-us transaction. This contrasts with 'On-Us' where issuer and acquirer are the same. Option A correctly states this definition.