Payment Credential definition
Payment Credential means a payment code, identification number, or other credential (including any token or proxy) linked to an Account that enables a Payment Credential user to make financial transactions using a Payment Network’s systems. An example of a Payment Credential is a 16-digit number known as a PAN that utilizes a Bank Identification Number (BIN) licensed by a Payment Network.
Payment Credential means the collection of an application code and personalized information that contains information about the Customer and the payment product utilized to conduct Transactions. A Payment Credential may be utilized to generate payment tokens to disguise the Payment Credential;