Transcribed
How Does Credit Card Processing Work
Cardholder purchases goods or services from the merchant CARDHOLDER MERCHANT Issuer bills Cardholder The Acquirer credits the Merchant Cardholders pays Issuer transmits the Merchant for transaction transactions to the Acquirer Aquirer is paid MEX Ш1 ISSUER ACQUIRER Acquirer submits ticket to Issuer for payment
How Does Credit Card Processing Work
shared by sarahlevy on May 31
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Have you ever wondered what happens immediately after you swipe your credit card through a merchant’s terminal to make a purchase? It’s a complex process that’s secure, takes just seconds and un...
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