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eway encryption and routing. The vast majority of these services pertain to transactions which arc routed through a payment network (such as Visa or MasterCard), an EFT network (such as the STAR Network, which is owned by us), or other payment issue• networks (such as American Express and Discover). Merchan
majority of these services pertain to transactions which arc routed through a payment network (such as Visa or MasterCard), an EFT network (such as the STAR Network, which is owned by us), or other payment issue• networks (such as American Express and Discover). Merchant acquiring revenues arc generated from a v
are stored on the account, not as cash that can be lost or stolen. Money Network accounts can be used at any business location that accepts Visa or MasterCard branded cards, includes a packet of checks to be used to pay bills and avoid the cost of money orders, and offers a web portal to track account acti
. we arc eligible to receive one or more of the following: (1) a foe from the card issuing financial institution for running the transaction through the STAR Network; (2) a fee from the card issuer for obtaining the authorization: (3) a fee from the business for acquiring the transaction, recognized in the OBS se
prepaid transactions, which arc initiated by various types of prepaid cards issued by a bank and carry a network association brand, such as Visa or MasterCard. enabling them to be used at multiple merchant locations. Our EFT Network Solutions citable our business and financial institution clients to route
h is operated by us. which in turn routes the encrypted information to the appropriate financial institution for authorization. To be routed through the STAR Network, a transaction must be initiated with a card participating in the STAR Network at an ATM or POS device also participating in the STAR Network. Reve
Entities connected to both MasterCard and the STAR Network