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In addition, said King, TSYS has seen success in converting wire-based and check payments to virtual cards. But, he conceded, “sometimes it’s those larger payments that the industry struggles to get on virtual cards.”
BIN Sponsorship A service provided by payment processors that enables merchants to accept payment cards from multiple card issuers. Bluetooth Card Reader A wireless device that connects to a mobile device or computer to process payment card transactions. Void The process of canceling a transaction before it is completed.
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