Definitions for "Card Issuing Bank"
Keywords:  visa, debit, cnp, cvv, cvc
This bank provides the customer's credit card. The merchant's Acquiring bank completes a credit card transaction with this bank.
Also know simply as an “issuer”, a bank, credit union or other financial institution that opens credit card accounts and issues credit cards to cardholders. Issuers also verify cardholder information during the CNP transaction process and initiate chargebacks on fraudulent transactions by performing AVS and CVV2/CVC security code verification.
The financial institution that issues a credit card to a consumer. This is the financial institution that sends the credit card bill and is responsible for the receivables on the card.