Understanding Payment Processing And Credit Card Processing Work

Hello, 

I am working with Merchant Stronghold And The Credit Card transaction is not a new concept. Everyone claims to know the process: Swipe the card, hit the button and the transaction is complete in a blink. but do you really know the process? Do you think it is as simple as it procedure than what you witness? The fact is swiping the card and signing the recipe is the first and the last step of the procedure. 

Most of the customers do not care about the complete process. It may seem unnecessary, It provides important information about the inner workings of the modern commerce. 

Merchant- It is a vendor who sells product or services. The job of a merchant is to accept payment through a card, Send the card information to the issuing bank and request payment authorization.

Regards*

Merchant Stronghold

visit- www.merchantstronghold.com

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