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: The key players in a credit card process are: AcquirerIssuerCredit Card AssociationISOs … Continue reading Credit Card Payment Processing Workflow
Payment processing is the most secure way of handling credit and debit card transactions. All types of card payments are secure, whether it is an online purchase or an in-store purchase. Payment processors are the ones who are responsible for secure handling of all card payments. Merchants get into a contract with these companies to … Continue reading What is Card Payment Processing?