Meaning Credit Card Processing
What does Credit Card Processing mean? Here you find 3 meanings of the word Credit Card Processing. You can also add a definition of Credit Card Processing yourself
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Credit Card ProcessingThe complex electronic process of transacting and verifying a credit card transaction. Once authorized, the process initiates an ACH transfer of funds from the issuing bank to the credit card processor, who then deposits the transaction proceeds into the merchant’s account.
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Credit Card ProcessingOnce the payment gateway accepts the transaction, this service records the transaction, removes funds from the credit cardholder’s account and deposits these funds into the merchant account.
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Credit Card ProcessingOnce the payment gateway accepts the transaction, this service records the transaction, removes funds from the credit cardholder’s account and deposits these into your merchant account.
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| << Authorization Fee | Credit Card Processor >> |
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