Tag: mainframe

It is an offer provided by the issuer to the merchants.

It is the plan which specifies the credit limit set by the issuer for a customer.

It is an offer provided by the merchants to the customer.

It is an offer provided by the issuer to the customer.

It is the plan which specifies the credit limit, set by the issuer, for the supplementary cards held by a customer.

It is the transaction detail(s) of the merchant that utilized the offers provided by the issuer.

It is the individual/consolidated transaction details of the customer that utilized the offers.

It is details of the supplementary credit cards held by the customer.

Upon Swiping, the POS machine only checks for the authenticity of the card (Fake or Genuine).

The customer details stored in the magnetic stripe will be sent to the system through POS to get the response for the transaction

Upon Swiping, POS machine validates the credit limit stored on the magnetic stripe and approves/rejects the transaction.

Swiping provides the merchant with all information needed for accounting purposes only.

Closed End Credit is a secured one time borrowing and paying back in installments till the balance is cleared. Revolving Credit is risk based continuous process of utilizing within the credit limit and pays back the requested amount.

Closed End Credit is a process of repayment which includes principal and interest paid on principal over a period of time. Revolving credit is a basic process of repayment of amount in equal installment over a period of time.

Closed End Credit is risk based continuous process of utilizing within the credit limit and pays back the requested amount. Revolving Credit is a secured one time borrowing and paying back in installments till the balance is cleared.

Closed End Credit will give a line of credit against which customer can borrow and make payments multiple times. Revolving credit can be treated as a separate loan and pay back money in easy and flexible installments.

Statement includes the following details for a Calendar Month 1)All the transaction done by the customer for a Calendar Month 2)

Statement includes the following details for that Cycle 1) All the transaction done by the customer for that Cycle 2)Late fees charged 3)Annual/Membership Fee charged 4)Interest charged 5) Minimum Due Amount 6)Payment Due Date 8)Current cycle date 9) Cur

Statement includes the following details for the Previous Cycle 1)All the transaction done by the customer for the Previous Cycle 2)Late fees charged 3)Annual/Membership Fee charged4)Interest charged5)•

Both B&C

Minimum Due Amount 6)•Payment Due Date 7•Current cycle date 8)Current Due Amount 9)Past Due Amount 10) Payment details

It is the kit that contains the following things -1) Welcome Letter 2)Cheque Book 3) Credit card 4)Terms & Conditions 5)Vouchers if any 6)Fees details 7)Customer care center contact details

It is the kit that contains the following things -1) Welcome Letter 2) Credit card 3) Terms & Conditions 4)Vouchers if any 5) Fees details 6)Customer care center contact details

It is the kit sent to customer containing only the Welcome letter and care center contact details when the customer is eligible for the applied card.

It is the kit send to the customer requesting him to apply for a credit card that conains the following details - 1)Application Form 2)General Terms & Conditions 3)Fees details 4) Customer care center contact details

Statement includes the following details for a Calendar Month 1)All the transaction done by the customer for a Calendar Month 2)Late fees charged 3)Annual/Membership Fee charged 4)Interest charged 5)Minimum Due Amount 6)Payment Due Date 7)Current cycle da

Statement includes the following details for that Cycle 1) All the transaction done by the customer for that Cycle 2)Late fees charged 3)Annual/Membership Fee charged 4)Interest charged 5) Minimum Due Amount 6)Payment Due Date 8)Current cycle date 9) Curr

Statement includes the following details for the Previous Cycle 1)All the transaction done by the customer for the Previous Cycle 2)Late fees charged 3)Annual/Membership Fee charged4)Interest charged5)•

Both B&C

Statement includes the following details for a Calendar Month 1)All the transaction done by the customer for a Calendar Month 2)Late fees charged 3)Annual/Membership Fee charged 4)Interest charged 5)Minimum Due Amount 6)Payment Due Date 7)Current cycle da

Statement includes the following details for that Cycle 1) All the transaction done by the customer for that Cycle 2)Late fees charged 3)Annual/Membership Fee charged 4)Interest charged 5) Minimum Due Amount 6)Payment Due Date 8)Current cycle date 9) Curr

c) Statement includes the following details for the Previous Cycle 1)All the transaction done by the customer for the Previous Cycle 2)Late fees charged 3)Annual/Membership Fee charged4)Interest charged 5)Minimum Due Amount 6)Payment Due Date 7)Current cy

Both B&C

True

False

15 Levels, 1000 Segments, 255 Fields.

25 Levels, 100 Segments,255 Fields.

15 Levels, 255 Segments, 1000 Fields.

25 Levels, 255 Segments, 1000 Fields.