How does the credit card transaction takes place, with complete transaction process cycle?
Lets understand the complete cycle with an example. Let's assume that you make an purchase of an good for $/Rs.xxx. You pay with your Bank Credit Card. The Merchant establishment accepts your card, swipes it on a console and enters the billed amount. When the swipe is done, the information contained
Lets understand the complete cycle with an example. Let's assume that you make an purchase of an good for $/Rs.xxx. You pay with your Bank Credit Card. The Merchant establishment accepts your card, swipes it on a console and enters the billed amount. When the swipe is done, the information contained
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