answersLogoWhite

0


Best Answer

Credit card processing describes the payment and acceptance of a credit card for payment of goods and services. The merchant usually sends the credit card number to the issuing company through an electronic terminal. The issuing company then sends a code back instantly either allowing payment to be received or declining payment.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does credit cards processing mean?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Are processing rates lower for debit cards vs credit cards?

credit cards


What credit card processing companies are out there?

Credit card processing companies include iPayment, Square, and Intuit Payment Solutions. They are companies that will allow you to take credit cards for your business.


Where can one find software for processing credit cards online?

There are many different online websites that have software for processing credit cards online. A few of these websites include Chase Payment Tech, MerchantWarehouse, PaySimple, and TransFirst.


What are some of the features of Nova credit card processing?

The features of Nova credit processing are point of sale transactions involving credit and debit cards. These terminals allow a business to process credit and debit sales.


Where can you process credit cards for your business for free?

Generally you can't get free credit card processing. There will always be a discount. Costco Business offers excellent credit card processing terms to their small business customers.


What services does Accept Card UK offer?

Accept Cards UK is a credit card and debit card processing service that operates throughout the United Kingdom. They offer the lowest processing fees for companies wishing to accept credit and debit cards for purchases.


What type of business is Merchant credit card services?

Merchant credit card services involves the processing of consumer credit cards in order to make purchases. Merchant credit card services provide the equipment and support for processing of transactions between the consumer and the merchant.


Who is Licence Technologies G Global Collect GBR?

looks.like it is a fake credit card processing service that makes unauthorised debits to credit cards.


What is the benefit of virtual credit card processing?

The main advantage of using virtual credit card processing is its ability to detect fraud. Hackers don't generally use these cards as they expire in a short period of time.


Why is secure credit card processing so important?

Credit card fraud in the UK in 2011 amounted to å£341m. Part of the fight against credit card fraud is to have a secure credit card processing system. If this was not in place, criminals would be able to create their own cards.


Where can one contact the online credit card payment processing?

You can contact the online credit card payment processing at IRS, Merchant Paypal and WellsFargo. These websites all have the ability to be able to contact the online credit card payment processing.


Where can one find credit accounts?

Many credit card companies offer online applications for easier processing. Capital One, RBC, and Citibank all offer credit cards which one can apply for. Many other financial institutions offer credit cards as well as line of credit accounts.