Credit Card Processing Flows

Discussion in 'Credit Talk' started by Shaun Manc, May 30, 2000.

  1. Shaun Manc

    Shaun Manc Guest

    I'm looking for information on card processing and payment clearing. How are transactions cleared?
  2. Alex - Cre

    Alex - Cre Guest

    RE: Credit Card Processing Flo

    I'm not sure if I understand you correctly but if you mean how does a business go about accepting and processing credit card payments from their customers, then they would need to get a Merchant Account, and the company providing the merchant account services usually also provides the equipment that you would need on a lease or purchase basis, terminal, swipe machine etc....
    The merchant account provider takes a small % from each order usually 2 to 4% in exchange for processing credit card orders for them,
    One merchant account provider I would recommend is:


    Bad Credit? No Credit? Let Us Help!

Share This Page