ALSO CALLED:
Card Payment Industry,
Credit Card Industry,
PCI DEFINITION: PAN (primary account number) truncation is a technology that prevents most of the digits in a credit card, debit card or bank account number from appearing on printed receipts issued to customers. PAN truncation is used by point-of-sale (POS) terminals and has become nearly universal in recent years. In many jurisdictions, PAN truncation is mandated by the government. The intent is to prevent fraud
… Payment Card Industry definition sponsored by SearchFinancialSecurity.com, powered by WhatIs.com an online computer dictionary
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