Europay, MasterCard, and Visa (EMV) is a worldwide technical standard for payment cards that provides global telecommunications between all cards and acceptance networks (payment …

We are here to help! Welcome to Banking Circle Help Centre. We have collected an overview of the most common questions and requests from our clients.

The acquirer is responsible for receiving the credit and debit card transaction details, which are then passed to the card issuer via the card scheme for authorisation. Once authorised, the acquirer …

Payment methods other than cash or major card schemes (Visa, MasterCard, American Express). This includes prepaid cards, mobile payments, e-wallets, bank transfers, and ‘buy now, pay later’ instant …

Host Card Emulation (HCE) is a specialist software that permits a mobile device to act as a card in order to perform a transaction on a Near Field Communication (NFC) enabled device without the need of a …

Host Card Emulation (HCE) International Bank Account Number (IBAN) Knowledge-Based Authentication (KBA) Know Your Customer (KYC) Large-Value Payment System (LVPS) Multi-Factor …

Transform Your Payment Capabilities Offer fast, low-cost local and cross-border payments through Banking Circle’s advanced payment infrastructure. Accounts Payments Foreign Exchange […]

When payments are returned to an account from the recipient bank a return code is usually stated in the reference field of the return SWIFT (field 70). Please see below table for guidance on reason codes:

SEPA is the area in which individuals and businesses can make and receive card and electronic payments in euros, across Europe, simply, cheaply and efficiently, regardless of their location.

SCA was introduced to reduce fraud and make online payments more secure by adding extra levels of security. Banks must perform MFA checks to confirm consumer identities when making payments. …