Kortscheman

Kortscheman, also known as card schemes or payment card schemes, are the frameworks that govern the operation, rules, and standards of payment card transactions. They facilitate electronic payment transactions by establishing the protocols for communication between card issuers, acquirers, merchants, and consumers.

These schemes are typically managed by financial industry organizations or associations that set standards to ensure security, interoperability, and efficiency. Prominent examples include Visa, Mastercard, American Express, and Discover. Each scheme operates its own infrastructure and network, handling authorization, settlement, and clearing processes.

Kortscheman function by enabling consumers to use their payment cards for a variety of transactions, whether in physical stores or online. When a cardholder makes a purchase, the card details are transmitted through the scheme's network to verify and authorize the transaction. Upon approval, the scheme facilitates the transfer of funds from the issuer to the acquirer, completing the payment process.

Security measures are central to kortscheman, including fraud detection, data encryption, and adherence to standards such as the Payment Card Industry Data Security Standard (PCI DSS). These measures help protect sensitive cardholder information and reduce the risk of fraud and data breaches.

In addition to financial transactions, kortscheman also support other services such as loyalty programs, revolving credit, and prepaid cards. They play a vital role in the global payments ecosystem, enabling millions of transactions daily across various channels and platforms.

Overall, kortscheman are essential components of the modern payment infrastructure, contributing to seamless, secure, and standardized electronic commerce worldwide.