Q. Who involves in credit card processing?
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HighRisk Gateways


Who involves in credit card processing?

The entities involved in Credit card processing are:

• Merchant – Business owner.
• Customer – A customer makes a purchase and goes for a credit card payment option to make payments.
• Acquiring bank – A merchant’s bank.
• Issuing bank – Customer’s bank.
• Payment Gateway – Payment gateway offers a secure connection between shopping websites and payment processors.
• Payment Processor – It facilitates the payment data to the card network.
• Card Network Card operating networks include VISA, MasterCard, RuPay, etc.


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Mar, 2022

Banking
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  • chauncy

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