02 — Capability · BC-1730.40
Card Issuing & Processing
Issue debit, credit and prepaid cards, approve or decline every card transaction in real time, and bill and service cardholder accounts. Accepting cards on behalf of merchants is acquiring.
- Card Issuing
- Issuer Processing
- Cardholder Accounts
In scope
- Card program setup, issuance, digital wallets, renewal and replacement
- Card network clearing, settlement and interchange reconciliation
- Issuer authorization, limits and card controls
- Card transaction posting, credit card billing and card fees
Out of scope
- Employee corporate card programs (see BC-260.40)
- Card fraud detection (see BC-1770.40)
- Cardholder disputes and chargebacks (see BC-1730.60)
Realized by · 0
- No product in the catalog yet.
Used in · 4
Build it · 0
- Nothing in the library points here yet.
Decomposes into · 4
- BC-1730.40.10Card Program SetupDefine card products with their network, limits, fees, rewards and rates, ready to issue to cardholders.
- BC-1730.40.20Card Production & RenewalProduce physical and digital cards, provision them to mobile wallets, and renew, reissue and replace them before they expire or after loss.
- BC-1730.40.30Issuer AuthorizationApprove or decline every card transaction in milliseconds against available funds, limits and cardholder controls.
- BC-1730.40.40Card Account BillingPost cleared card transactions, calculate interest and fees on credit card balances, and produce card statements with minimum payments due.