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Old 05-May-2005, 12:03
Corey Bryant Corey Bryant is offline
Join Date: Oct 2003
Location: Castle Rock, CO
Posts: 216
Corey Bryant will become famous soon enough

Re: How Does a Credit Card Transaction Get Processed?

I just posted a GID Community blog entitled: How Does a Credit Card Transaction Get Processed?.

It all begins when a Cardholder, your customer, presents their credit card to you to pay for the goods or services you are selling. In a retail or “card present” environment, the customer hands you their credit card. In an e-Commerce environment or “card-not-present” environment, the customer presents their credit card to you on the secure checkout page of your online shopping cart. There are 7 steps in the life of a transaction.



Please let me know what you think.

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Old 20-Dec-2007, 19:16
colliegirl colliegirl is offline
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Join Date: Dec 2007
Location: Ipswich, Qld, Australia
Posts: 15
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Re: How Does a Credit Card Transaction Get Processed?

Thanks this article was very informative for a person like me who will be venturing into the realms of ecommerce anon.

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