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On us транзакции что это

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OFF-US vs. ON-US transactions

Lukas Korenacka

Most commonly transactions happen between banking institutions that are two separate entities. In other words, the merchant acquiring bank and the customer issuing bank are not the same bank. In the payments space this transaction type is also referred to as a OFF-US transaction.

The following diagram depicts a typical OFF-US transaction:

Since both banking institutions need to transact they will need a set of middle men to mediate the exchange of funds and goods and services.

ON-US transactions

In a scenario where the merchant acquiring bank happens to be the same as the customer issuing bank both entities are on the same network.

The UK’s biggest bank NATWEST serves both, retail customers and business customers (merchants). Hence, there is a good chance that a retail payment terminal is issued by NATWEST and so is the customer’s debit card. In this case the transaction occurs on the same network.

The following diagram depicts an ON-US transaction:

Since both entities are on the same network there is no need of middle men to mediate the exchange of goods and funds. This makes very cost effective for the merchants since a majority of the processing fees do not apply.

Card Networks (VISA, MC, AMEX, etc.)

Transactions occurring on an ON-US network are not sent through the traditional card rails and therefore are not visible to the card companies that have provided the customer’s card.

This can pose a significant challenge for embedded finance providers that are building experiences on top of traditional card rails.

The biggest observable ON-US market so far seem to be in the middle east (UAE especially), Japan and Brazil.

On-us Transaction

A transaction where the issuer and the acquirer are the same. An “on-us” check would be one in which a depositors check is presented for payment at the same financial institution that carries the account on which the check is written.


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What does on us and off US mean?

An “on us” transaction is one destined for the bank that owns that particular host. If the transaction is “off us,” or not from the host’s bank, the host will then direct it to the customer’s financial institution, which will issue the same authorization or denial to dispense cash.

What is an off US transaction?

What is Off-US Transaction ? OFF-US Transaction: where the issuing bank and acquiring bank are different entities. when the acquirer and issuer bank is different. International or cross border transactions when the acquirer and issuer are from different countries.

What is remote on-us?

“Remote-on-Us” transaction is when a card holder goes to the ATM machine of another Bank other than his or her own bank to make a withdrawal.

What does ICC fallback mean?

A fallback transaction occurs in retail settings when, due to equipment failure or attempted fraud, the EMV chip card reader fails to make the transaction, and the merchant is prompted to complete the sale via the old swipe method. …

Who will take care of ATM related on-US complaints?

RBI directed Banks to resolve ATM Transactions related Complaints in Seven Working Days.

How long does it take to reverse money?

24–48 hours in normal circumstances. But waiting for 3–4 working days too is not bad. If still the money doesn’t comes in, simply raise the issue with the bank, as it was a failed transaction. The merchant portal where you were trying to pay & the transaction failed, wont be able to help you on this much.

What is reversal failure?

In cases where a customer’s account has been debited but cash not dispensed from an ATM, the bank will have to pro-actively reverse failed transactions within a maximum of T + 5 days.

What is a reversal payment?

A payment reversal is when the funds a cardholder used in a transaction are returned to the cardholder’s bank. This can be initiated by the cardholder, the merchant, the issuing bank, the acquiring bank, or the card association.

Can you reverse a debit card payment?

Can a Debit Card Transaction Be Reversed? A debit card is a card that can be used to make purchases by drawing money from a checking account. While a debit card transactions is legally binding, transactions can be reversed under certain circumstances, such as when fraud has occurred or a mistake has been made.

Can I reverse a transaction on my credit card?

You can either cancel the transaction directly or demand a chargeback. For direct cancellation, you have to cancel the order and the payment will be reversed in their bank account within 30 minutes. In this case, the banks will reverse the amount to the credit card and will not pay it to the merchant.

How long do Pending transactions expire?

The fastest way to resolve this issue is to contact the merchant directly. If they’re able to remove the pending transaction, it should be reflected in your account in about 24 hours. If they’re not able to help you, pending transactions will fall off automatically after 7 days.

What does pending in bank account mean?

Pending transactions are transactions that haven’t been fully processed yet. For example, if you make a purchase with a debit card or credit card, it will almost always show as pending immediately when you view your account online or in a mobile banking app.

on us transaction

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