Credit card authorization code

What is the authorization code of China Merchants Bank Credit Card Center?

For the "authorization code" of China Merchants Bank Professional Edition, when you go to the outlet to apply for a new professional card with a valid ID card and a debit card to be associated, the counter staff will give you an authorization code of 16 digits, which will be printed on the "association receipt", and at the same time, the system will send an authorization code message to your reserved mobile phone (note: if you don't reserve a mobile phone number, it won't be sent). After logging in to Professional Edition, you will be automatically prompted to enter this authorization code. Tips: The authorization code of professional association card is valid for 30 days. If it is out of date or entered incorrectly for 5 consecutive times, the association will not succeed. If the authorization code is expired or lost, you need to apply for the authorization code of the association again at the counter with your ID card and all-in-one card (mobile card should be accompanied by UKEY).

How to obtain credit card authorization code

"Authorization code" refers to the 16-digit authorization code given by the counter staff when you go to the outlet to apply for a new professional card with a valid ID card and a debit card to be associated. At the same time, the system will send an authorization code message to your reserved mobile phone (note: if you do not reserve a mobile phone number, it will not be sent).

Credit card type

According to different card issuers, it can be divided into bank cards and non-bank cards.

Bank card. This is a credit card issued by the bank. Cardholders can shop in stores authorized by the issuing bank, and they can also withdraw cash at any outlets or ATMs owned by the issuing bank at any time.

Non-bank card. This card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations such as department stores and oil companies, which are used to buy goods at designated stores or gas stations and to settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service enterprises for air tickets, catering, accommodation, entertainment and other services.

According to the different issuing banks, it can be divided into corporate cards and personal cards.

Company card. Company certificates are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal persons.

Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed individuals and other urban and rural adult residents with stable income sources. Personal cards are issued in the name of individuals who are fully responsible for the use of the cards.

Cardholders' credit status, status and other credit and credit status are different, which can be divided into ordinary cards and gold cards.

An ordinary card. Ordinary cards are for economic strength and credit, and the status of ordinary cardholders is not high for them.

Gold card. Gold card is a kind of advanced credit card with high membership fee and special treatment. This card is issued to people with high credit standing, strong repayment ability, good credit or certain social status. Gold card has a high credit line, a wide range of additional services, and high requirements for corresponding service fees and deposits.

According to different repayment methods, credit cards can be divided into debit cards and quasi-debit cards.

Debit card. When the issuing bank provides bank credit, it overdraws first, and then repays or installments. At present, this card is widely used in the world. In other words, the cardholder is allowed to have no deposit in the credit card account, and the settlement method is "consumption first and then deposit". Most cards in international circulation are of this type.

Quasi-debit card. It is a credit card issued by the bank for deposit before consumption. When applying for a credit card, the cardholder needs to deposit a certain amount in the issuing bank in advance as a reserve fund. The cardholder needs to use the card on the basis of the deposit balance, and generally no overdraft is allowed.

Credit cards can be divided into international cards and regional cards according to the different circulation quotas.

International card. International card is a kind of credit card that can be used outside the issuing country and around the world. MasterCard, VISA Card, AmericanExpressCard, JCB Card and DinersClub issued by five overseas groups are mainly VISAInternational cards.

Area card. Regional cards are credit cards that can only be used in the issuing country or specific region. Most credit cards issued by commercial banks in China belong to regional cards.

What is the bank card authorization code?

The authorization code of credit card is the electronic confirmation code that the cardholder agrees to spend when the merchant consumes. POS swipes the card to transmit the consumption information to the bank credit card information center, and the bank computer system carries out risk analysis and control on the transaction information. The code generated by the issuing bank by five or six digits is used to verify the credit card and approve it at the time of purchase or sale. Credit card authorization codes are unique for each transaction, and they are used to ensure transaction security and avoid fraud.

When paying by credit card, the merchant will first authorize the card before the transaction takes place. This process is immediate, and it will be clear whether the bank has enough funds and whether the card has been stolen or cancelled. Authorization codes are developed to avoid generating receipts and excessive paperwork, while still maintaining an audit trail. Once the code is issued and the card is authorized, the funds for the transaction will be captured.

These authorization codes are shorthand methods developed by the payment processor to minimize the verification steps in the credit card transaction process. As the number of credit card transactions increases, they become essential. With the increase of merchants' acceptance of credit cards, consumers' usage and transaction volume increase. Especially in the case of e-commerce, enterprises need a quick way to authorize purchases, but it is not feasible to use more troublesome methods to verify the availability of funds in customer accounts.

As payment systems become more and more complex, it becomes more and more effective to verify and authorize transactions on the basis of each purchase. This enables enterprises to sell goods and services more flexibly and quickly without worrying about payment errors. Credit card authorization code is the key to this speed and flexibility.

For the "authorization code" of China Merchants Bank Professional Edition, when you go to the outlet to apply for a new professional card with a valid ID card and a debit card to be associated, the counter staff will give you an authorization code of 16 digits, which will be printed on the "association receipt", and at the same time, the system will send an authorization code message to your reserved mobile phone (note: if you don't reserve a mobile phone number, it won't be sent). After logging in to Professional Edition, you will be automatically prompted to enter this authorization code. Tips: The authorization code of professional association card is valid for 30 days. If it is out of date or entered incorrectly for 5 consecutive times, the association will not succeed. If the authorization code is expired or lost, you need to apply for the authorization code of the association again at the counter with your ID card and all-in-one card (mobile card should be accompanied by UKEY).

What is the SMS authorization code of China Construction Bank?

Usually, the authorization code of a bank refers to an authorization number or authentication issued by the bank to users before the bank successfully applies for business. The authorization code of CCB is a group of random numbers in the short message sent by CCB customer service 95533 when handling business, which can be handled after filling in within a limited time. When the authorization code is not received, you can use the mobile phone number of the mobile phone bank to send a short message to obtain the authorization code.

Whether it is a credit card or a debit card, pre-authorization business can be carried out. However, credit cards need to have sufficient overdraft limit and debit cards need to have sufficient account balance. Pre-authorization refers to the behavior that the cardholder requests authorization from the card issuer in advance through the POS machine when spending and settlement are not completed at the same time in hotels, hotels or leasing companies. Pre-authorization business refers to the business that a special merchant obtains a payment commitment that does not exceed a certain proportion of the pre-authorization amount from the card issuer within 30 days, and the card issuer accepts the goods or services after the cardholder obtains them. Generally speaking, it is the business of freezing part of the funds in the bank card as deposits and then settling according to the actual consumption amount. Specifically, when the cardholder spends money in a merchant, the merchant cashier applies for authorization from the card issuer according to the cardholder's demand and the estimated consumption amount, and the card issuer gives a response according to the customer's account. For the approved application, the credit limit (credit card) or deposit amount (debit card) in the cardholder's bank card will be temporarily frozen as deposit. Generally speaking, the frozen amount cannot exceed 65,438+065,438+05% of the pre-authorized transaction amount.

After the cardholder's consumption is officially completed, the merchant requires the card issuer to conduct formal liquidation according to the actual consumption amount. Pre-authorization business is widely used in hotel credit card consumption, usually in two ways: offline and online pre-authorization This business is accepted by POS machine, and the card issuing system automatically verifies the authorization, which is convenient, safe and efficient. Pre-authorization transactions are divided into POS pre-authorization, POS pre-authorization addition, POS pre-authorization completion, POS pre-authorization cancellation and POS pre-authorization completion cancellation. Pre-authorization transaction is used to accept the transaction permission of the card issuer to the cardholder. The receiver puts the estimated consumption into the transaction response and sends it to the card issuer. As a pre-authorized amount, the amount will be sent to the card issuer of the cardholder (card). After the card issuer has passed the examination, it will put the authorization number and other information into the transaction response and send it to the accepting party. Pre-authorization transaction only controls the number of months available to the cardholder. Complete fund settlement through pre-authorization. The approved pre-authorization transaction is only valid for a limited time.

What is the problem that there is no authorization code on the bill repayment form of Minsheng Credit Card?

1. There is no authorization code on the bill repayment form of Minsheng Credit Card. The customer's application for installment includes a temporary quota, which must be paid off in full after it is used up. No installment or minimum repayment can be made.

2. Transactions recorded in the bill, including cash withdrawal, installment payment, or annual credit card fees, as well as other interest and various handling fees charged according to the credit card articles of association and collection agreement, are not allowed to handle bill installment.

What is the credit card authorization code in English?

Picture reference: eps/images/pic_eps_02 credit card authorization number, which can be called "ApprovalCode" or "AuthorizationCode" in English. The authorization number of MasterCard_VISA_JCB credit card is generally six digits (six digits, or a combination of letters and numbers), and the authorization number of AmericanExpress credit card is generally two digits. The authorization number of DinersClub Diners letter of credit is generally four digits. Image reference: banking.hcpersonal/card/chip/images/slip

Reference: Experienceofleonlee_g

The introduction of credit card authorization code ends here.