What is ACS payment?

Once a cardholder possesses a card, they are empowered to make purchases and avail services using the card as a mode of payment. The card acts as a convenient and secure alternative to traditional payment methods.

The spot trading service allows users to buy and sell cryptocurrencies at the current market price, providing them with instant liquidity and the ability to capitalize on market movements. The futures trading service, on the other hand, enables users to hedge against price volatility and speculate on future price movements.

The ACS plays a pivotal role in ensuring the seamless and secure operation of card-based transactions. It acts as a gateway, controlling access to sensitive information and facilitating secure communication between various entities involved in the transaction process.

The Access Control Server (ACS) is a crucial component in the realm of card-based transactions. It operates within the issuing domain, a designated space where issuing banks reside and perform their CORE functions.

By implementing robust access control mechanisms, the ACS helps to prevent unauthorized access to cardholder data and ensures that only legitimate transactions are processed. This, in turn, enhances the overall security of the card-based payment system.