Credit Card Payment Processing Workflow

In order to understand the workflow of credit card payment processing, one must first understand what payment processing is.

In a previous post, we discussed what is card payment processing. The workflow for processing a typical card payment could look something like this:

credit card processing workflow

The key players in a credit card process are:

  • Acquirer
  • Issuer
  • Credit Card Association
  • ISOs (Independent Sales Organizations)
  • Merchant
  • Cardholder
credit card payment processing workflow

Read more here: How does the payments ecosystem work? What does the payments workflow look like, from the merchant’s card payment to the acquirer?