A digital certificate that is issued to a cardholder upon approval of the cardholder's issuing financial institution and that is transmitted to merchants with purchase requests and encrypted payment instructions, carrying assurance that the account number has been validated by the issuing financial institution and cannot be altered by a third party. [SET1]
A digital certificate that is issued to a cardholder upon approval of the cardholder's issuing financial institution and that is transmitted to merchants with purchase requests and encrypted payment instructions, carrying assurance that the account number has been validated by the issuing financial institution and cannot be altered by a third party. [SET1]