Remove Assessments Remove Credit Limit Remove Funds Availability
article thumbnail

Bradesco Uses FICO Platform to Deliver Real-Time Credit Solutions

FICO

For example, when a customer makes an instant payment and doesn’t have all the necessary funds available in their account, the Brain solution check’s their credit limit and ensures the additional credit is provided to complete the transaction. In 2021, new features were incorporated into Brain. by Nikhil Behl.

article thumbnail

Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Credit Limit The maximum amount that a cardholder can charge within their credit range. D Debit Card A payment card that enables the cardholder to withdraw funds from their bank account or make purchases with funds available in the account.

Process 52