Define: Transaction PIN

The meaning of “Transaction PIN” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Transaction PIN defined in a legal contract?

  • Transaction PIN means the specific personal identification number utilized in connection with the operation of a specific float by each operator. Seen in 2 SEC filings
  • Transaction PIN means a confidential password that allows the customer to secure, access, and operate their account. Seen in 1 SEC filing
  • Transaction PIN means a confidential numeric password created by the customer at the time of installing a mobile banking service for the first time. Seen in 1 SEC filing
  • Transaction PIN means the randomly generated security code sent to the customer’s registered mobile number via SMS, which is required to execute any financial transaction or transmit any instructions through the service. Seen in 1 SEC filing
  • Transaction PIN means the auto-generated password, phrase, number, or another type of identification initially given to a sub-user, which is necessary to execute any transaction and which the sub-user will be required to change at regular intervals as prompted by our system. Seen in 1 SEC filing
  • Transaction PIN means a personal identification number chosen by the customer for a digital banking system to authenticate the transaction. Seen in 1 SEC filing
  • Transaction PIN means a unique personal identification number used by the user to access the USSD System and authorize requests. Seen in 1 SEC filing
  • Transaction PIN means the automatically generated password, phrase, number, or any other kind of identification initially given to you by us which you will require to effect any transaction and which you will be required to change on receipt and as prompted by our systems from time to time. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of transaction pin' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Transaction PIN means the unique personal identification code generated and used to secure, authenticate, and execute financial transactions.

Relevant Contract Types

Relevant Circumstances

  • Creation of a new digital banking account
  • Setting up online payments system for a business
  • Implementing a new transaction system for a business

Relevant Sectors

Genie Definition 2

  • Transaction PIN means the confidential numeric password created by a user for authorizing access to digital banking or operations systems.

Relevant Contract Types

Relevant Circumstances

  • Users signing up for a software service
  • Agreement for user access to sensitive data or systems
  • Setting up security measures for a new digital platform

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Transaction PIN" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Transaction PIN'?

Transaction PIN means the unique personal identification code generated and used to secure, authenticate, and execute financial transactions

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