Glossary
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RSA (Rivest-Shamir-Adleman) Algorithm: A cryptographic method of creating and using Public/Private Key pairs.
Reason Code: A code used to provide additional information to the receiving clearing member regarding the nature of a chargeback, subsequent presentment, fee collection, funds disbursement, or request for a source document.
Rebate: An amount by which a debit to a STAR Cardholder's Access Account is made smaller by an Acquirer Member in connection with an Eligible STAR Transaction initiated at a STAR Terminal.
Receipt: A hard copy description of the transaction that took place at the point-of-sale, containing at minimum: date, merchant name/location, primary account number, type of account accessed, amount, reference number, and an action code.
Recurring Transaction: A transaction charged to the cardholder (with prior permission) on a periodic basis for recurring goods and services, i.e., health club memberships, book-of-the-month clubs, etc.
Reference Number: A twenty-three (23) position number assigned by the acquiring member and used to identify a transaction.
Referral: The message received from an issuing bank when an attempt for authorization requires a call to the Voice Authorization Center or Voice Response Unit (VRU).
Regional Network: A network which processes debit transactions for financial institutions and retailers in a given geographic area. Regional networks are not part of the national interchange system.
Regulation CC: The regulation, all amendments thereto and official interpretations thereof (12 C.F.R. part 229) promulgated by the Board of Governors of the Federal Reserve System implementing Title VI of the Expedited Funds Availability Act (12 U.S.C. § 4001 et. seq.).
Regulation E: The regulation, all amendments thereto and official interpretations thereof (12 C.F.R. part 205) promulgated by the Board of Governors of the Federal Reserve System implementing Title IX of the Consumer Credit Protection Act (15 U.S.C. § 1601 et. seq.) which is known as the Electronic Fund Transfer Act.
Remittance Information: Information required by the biller to post customer bill payments effectively.
Remittance Processing Service: An electronic routing and settlement service that accepts previously captured and authorized payment transactions from members for delivery to other financial institutions.
Rental Agreement: A detailed contract with the cardholder indicating all charges the cardholder is responsible for.
Representment: A transaction presented to the issuer by the acquirer, when the merchant requests a reversal of a chargeback.
Response Time: The time that elapses between the transmission of a request for Authorization of a STAR Transaction by the STAR Switch to an Issuer Processor and receipt of a response by the STAR Switch from the Issuer Processor.
Resubmission: All electronic submissions, other than the Original Submission, of a STAR POS Transaction that has been authorized by a STAR Merchant or Acquirer Processor pursuant to the provisions contained in these Rules. A Resubmission does not contain a PIN.
Retail ID Authentication Program: An Authentication Program supported by the STAR Network for STAR Internet Transactions whereby the Account Holder initiates STAR Internet Transactions using an Authentication Token that is issued and authenticated by a STAR Network-approved third party on behalf of the Acquirer Member.
Retention Period: The minimum time the member must retain microfilm or other reproduction of interchange paper and chargeback documentation.
Retrieval Request: A request by the issuer to the acquirer for a copy of the actual ticket of a transaction. The initial step that the issuer takes in the event that either the issuer or the cardholder disputes a transaction.
Reversal: The electronic message which serves to cancel all or part of a previously authorized STAR Transaction.
Rules: The Operating Rules of the STAR Network including all appendices, operating procedures, Technical Specifications and functional design standards, as amended from time to time by STAR.
Reason Code: A code used to provide additional information to the receiving clearing member regarding the nature of a chargeback, subsequent presentment, fee collection, funds disbursement, or request for a source document.
Rebate: An amount by which a debit to a STAR Cardholder's Access Account is made smaller by an Acquirer Member in connection with an Eligible STAR Transaction initiated at a STAR Terminal.
Receipt: A hard copy description of the transaction that took place at the point-of-sale, containing at minimum: date, merchant name/location, primary account number, type of account accessed, amount, reference number, and an action code.
Recurring Transaction: A transaction charged to the cardholder (with prior permission) on a periodic basis for recurring goods and services, i.e., health club memberships, book-of-the-month clubs, etc.
Reference Number: A twenty-three (23) position number assigned by the acquiring member and used to identify a transaction.
Referral: The message received from an issuing bank when an attempt for authorization requires a call to the Voice Authorization Center or Voice Response Unit (VRU).
Regional Network: A network which processes debit transactions for financial institutions and retailers in a given geographic area. Regional networks are not part of the national interchange system.
Regulation CC: The regulation, all amendments thereto and official interpretations thereof (12 C.F.R. part 229) promulgated by the Board of Governors of the Federal Reserve System implementing Title VI of the Expedited Funds Availability Act (12 U.S.C. § 4001 et. seq.).
Regulation E: The regulation, all amendments thereto and official interpretations thereof (12 C.F.R. part 205) promulgated by the Board of Governors of the Federal Reserve System implementing Title IX of the Consumer Credit Protection Act (15 U.S.C. § 1601 et. seq.) which is known as the Electronic Fund Transfer Act.
Remittance Information: Information required by the biller to post customer bill payments effectively.
Remittance Processing Service: An electronic routing and settlement service that accepts previously captured and authorized payment transactions from members for delivery to other financial institutions.
Rental Agreement: A detailed contract with the cardholder indicating all charges the cardholder is responsible for.
Representment: A transaction presented to the issuer by the acquirer, when the merchant requests a reversal of a chargeback.
Response Time: The time that elapses between the transmission of a request for Authorization of a STAR Transaction by the STAR Switch to an Issuer Processor and receipt of a response by the STAR Switch from the Issuer Processor.
Resubmission: All electronic submissions, other than the Original Submission, of a STAR POS Transaction that has been authorized by a STAR Merchant or Acquirer Processor pursuant to the provisions contained in these Rules. A Resubmission does not contain a PIN.
Retail ID Authentication Program: An Authentication Program supported by the STAR Network for STAR Internet Transactions whereby the Account Holder initiates STAR Internet Transactions using an Authentication Token that is issued and authenticated by a STAR Network-approved third party on behalf of the Acquirer Member.
Retention Period: The minimum time the member must retain microfilm or other reproduction of interchange paper and chargeback documentation.
Retrieval Request: A request by the issuer to the acquirer for a copy of the actual ticket of a transaction. The initial step that the issuer takes in the event that either the issuer or the cardholder disputes a transaction.
Reversal: The electronic message which serves to cancel all or part of a previously authorized STAR Transaction.
Rules: The Operating Rules of the STAR Network including all appendices, operating procedures, Technical Specifications and functional design standards, as amended from time to time by STAR.