What Are the Steps in a Credit Card Transaction?

The answer to this question is not known by many retail employers and almost almost all shoppers. They often just see a card number being entered and computer software do its magic.
The infographic below by ProPay, a firm that offers secure and affordable payment solutions, lifts the curtain on many of the behind-the-scenes activities that occur for just one credit card transaction.

 

 

This entry was posted in Part 5: Managing a Retail Business, Technology in Retailing and tagged , , , , , , , . Bookmark the permalink.

3 Responses to What Are the Steps in a Credit Card Transaction?

  1. CS-Cart says:

    Thank you for your post, I think, your information will be useful for me!

  2. Pingback: Retailing A to Z’s Most Popular Posts for the First Half of 2015 | Retailing: From A to Z by Joel Evans

  3. Pingback: The Best of Retailing A to Z in 2015 | Retailing: From A to Z by Joel Evans

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