Despite taking only seconds to complete, credit card transactions are quite a complex process that involves many steps. Many merchants don’t truly understand how credit card payment processing works. While you don’t have to become an expert in payments, understanding the basics will give you an advantage. With the proper knowledge, you will be able to avoid unnecessary fees and reduce your exposure to credit card fraud.
So, what happens behind the scenes during a credit card transaction? Let’s take a look:
If you’d like to share this infographic on your site, just copy and paste the code below.
Embed This Image On Your Site (copy code below):
