The Actual Process behind Credit Card Payment: Cardready International
- 11 years ago
Cardready International
Making purchases over the Internet involves four major parties: the buyer or credit business business card holder; the merchant who is offering goods or services for sale; the merchant bank that has bound with the merchant to enable the merchant to accept borrowing cards over the Internet; and the business that processes credit business business card payments for the merchant bank, renowned as the obtaining processor. (The obtaining processor methods merchants' borrowing business business business card transactions through the economic mesh on behalf of merchant banks.) One other party is involved, the issuing bank that has issued the buyer's bank card.
The buyer interacts with the merchant's Web location by utilising a world wide web browser such as Netscape Navigator. To make borrowing card purchases, the buyer should get a bank business business card from an handing out bank and, when making a purchase, supply bank business card information to the merchant's business submission.
The merchant's business submission makes items and services accessible for sale over the Internet by payment-enabling the merchant's world wide web server application. To accept borrowing business card payments over the Internet, the merchant must have an account with a merchant bank that offers Internet borrowing business business card processing. The merchant bank may furthermore function as the obtaining processor to move the credit business card transaction through the financial networks; or it may designate another company to function as obtaining processor on its behalf.
Making purchases over the Internet involves four major parties: the buyer or credit business business card holder; the merchant who is offering goods or services for sale; the merchant bank that has bound with the merchant to enable the merchant to accept borrowing cards over the Internet; and the business that processes credit business business card payments for the merchant bank, renowned as the obtaining processor. (The obtaining processor methods merchants' borrowing business business business card transactions through the economic mesh on behalf of merchant banks.) One other party is involved, the issuing bank that has issued the buyer's bank card.
The buyer interacts with the merchant's Web location by utilising a world wide web browser such as Netscape Navigator. To make borrowing card purchases, the buyer should get a bank business business card from an handing out bank and, when making a purchase, supply bank business card information to the merchant's business submission.
The merchant's business submission makes items and services accessible for sale over the Internet by payment-enabling the merchant's world wide web server application. To accept borrowing business card payments over the Internet, the merchant must have an account with a merchant bank that offers Internet borrowing business business card processing. The merchant bank may furthermore function as the obtaining processor to move the credit business card transaction through the financial networks; or it may designate another company to function as obtaining processor on its behalf.