How it Works
Purchase
Customer makes a purchase by swiping or entering a card.
Bank
Customer’s acquiring bank receives the transaction request.
Issuer
Acquiring bank sends the request to the card brand issuer (ie: Visa, Mastercard)
Approval
Issuer approves or declines the transaction » communicates the results to customer’s bank » acquiring bank approves or declines the transaction.
Payment
Merchant receives payment for customer’s purchase.
Enjoy
Happy customer enjoys a new purchase!