ISO 20022 · Return reason
PINLPIN Liability Shift
Published definition
The card payment is fraudulent (lost and stolen fraud) and was processed as EMV transaction without PIN verification.
Code set and usage
Return reason contains 104 registered codes. Its exact identifier is ExternalReturnReason1Code.
Specifies the return reason, as published in an external return reason code list. External code sets can be downloaded from www.iso20022.org.
Use the code with the applicable message version and implementation guide. A matching code value alone does not establish the same meaning in another set.