What is a Cardholder Name?
A microchip or magnetic stripe stores a lot of data about a credit or debit card holder. This information includes account number, validity date, cardholder's name, and CVV code which is used to confirm transactions.
The cardholder may allow other people to use their account as authorized users. Most often, members of the same family grant each other the right to use their cards. However, some people wonder what a cardholder's name is and whether there will be any problems if another person uses the card.
A cardholder is a person who is recorded as the owner of a debit or credit card. Their name can usually be found on the front of the card, bottom left. So, your name on a debit card means that your are the owner of this card and the account connected to it. However, one can also order cards where the name of the card holder is not indicated. In this case, the cardholder's name is the name of the primary account owner. There is also a difference between the name of the primary cardholder and the authorized user's name.
The primary cardholder is responsible for all payments made with the card and for using credit funds. If you are the primary cardholder, you can add or remove secondary and authorized users at any time.
If a customer pays for the purchase with a card via the Internet, then they need to enter the name of the main cardholder in the "cardholder name" field as it is written in the passport or on the physical card.