Friday, July 6, 2007

Credit Card Processing

Credit Card Payment Processing
By [http://ezinearticles.com/?expert=Jimmy_Sturo]Jimmy Sturo

Have you ever wondered what goes on whenever you make a transaction with your credit card? Do you actually know what happens whenever the merchant swipes your card into their point of sales (POS) system?

First, you hand your items to the cashier for him to compute the total amount of the items you purchased. The cashier then requests for your credit card. Your credit card is swiped on the POS system and the amount is registered into the device.

The POS system then sends an authorization request to your credit card company to validate the transaction. Although the total amount of your transaction has been sent, the credit is not yet deducted from your account at this moment. When the transaction is permitted, the credit is still not recorded. The amount of the purchase is simply reserved. A reply is sent to the POS system at the store informing if the transaction is valid or not.

If your transaction is approved, the POS system prints out a receipt for you. The cashier will give the receipt for you to sign, as this would be their means to reimburse the transaction from the bank. During closing time, or whenever the store makes inventory and match the daily transactions, a person at the store would be assigned to match all the recorded transactions in the POS system with the receipts that they have.

If everything turns out well, the store would then send a request to the bank for reimbursements for the transactions. The bank then sends a request to the credit card companies for each of the transactions that the store made. The credit card company would give the amount due to the bank but deduct an inter charge fee for each transactions. The amount collected by the bank is then deposited to the store’s account less a discount fee for the services rendered. [http://www.i-PaymentProcessing.com]Payment Processing provides detailed information on Payment Processing, Internet Credit Card Payment Processing, Electronic Payment Processing, Credit Card Payment Processing and more. Payment Processing is affiliated with [http://www.e-EFT.com]EFT Software.

Article Source: http://EzineArticles.com/?expert=Jimmy_Sturo http://EzineArticles.com/?Credit-Card-Payment-Processing&id=253878

26 comments:

Anonymous said...

Oi, achei teu blog pelo google tá bem interessante gostei desse post. Quando der dá uma passada pelo meu blog, é sobre camisetas personalizadas, mostra passo a passo como criar uma camiseta personalizada bem maneira. Se você quiser linkar meu blog no seu eu ficaria agradecido, até mais e sucesso. (If you speak English can see the version in English of the Camiseta Personalizada. If he will be possible add my blog in your blogroll I thankful, bye friend).

Anonymous said...

On Sunday nights Erin Jaimes hosts a blues jam where anyone from Alan Haynes to
Gary Clark, Jr. Brazenhead is a great place to go with your family or for a business lunch or dinner, but if you are looking for a party atmosphere, this isn't it. They feature almost nightly drink specials and some form of entertainment every night of the week--DJ's,
live music, trivia, you name it.

my web-site - fun pub quiz names

Anonymous said...

If all players are wrong the murderer gets away and everyone loses.

I won't spoil your surprises and give away any more details. Now, one of my co-workers was applying to the Secret Service and I knew that I was down as a reference for her.

Here is my webpage; motels

Anonymous said...

Some were practical, of course, but others were psychological and emotional.
* Team answer sheets - Basically a grid lined A4
type sheet with answer write in numbered boxes and a line on top for the team
name. Theme Format: It is almost like standard format of the pub quiz.



Look at my weblog - best pub quiz team names

Anonymous said...

The players would begin as members of the SCA, going to Phoenix for the Estrella War.

Even Halloween parties with the very best Halloween costumes can get dry after everyone's seen the costumes to be seen and passed out the candy to the beggars. You Divide everyone at the party into two groups, or tribes.

My web site san francisco ca homes for sale

Anonymous said...

(Thank you rounds are always welcome, of course.
Popular prizes include sports tickets, cash and vouchers for drinks, food - and dollars off of tabs.
The buccal cavity is a small cavity that has neither jaws nor
teeth.

Feel free to surf to my web page - pub quiz archive

Anonymous said...

Fashion Games of Teen Girls Interested Are Fun These challenges are at times shared amongst
buddies. Unfortunately for me as an addict, I need my crime fix.
Cranberry studios developed this sequel while publisher Anaconda brings it to you in stores.


Also visit my page ... driving directions

Anonymous said...

Narrow blood vessels lie alongside the intestines of the earthworm and they absorb the nutrients from the alimentary canal feeding the rest of
the body. You must definitely be planning to
make it special and memorable by keeping a good theme, ordering the best food and choosing the best games.
The buccal cavity is a small cavity that has neither jaws nor
teeth.

Look into my webpage - good pub Quiz Names

Anonymous said...

Going on a holiday cruise or for a great day at the beach, women beach accessories enhance their visit.

You might even find yourself flying over top of other riders, so keep your limbs as close to your
tube as possible. My friends and I heard the state hatcheries department had released some trout upstream from us and we eventually stumbled
upon a half dozen of them in the clear waters.

Here is my web site water shoes

Anonymous said...

There are many different websites that offer kayaks for
sale, and these kayaks come in a wide range of sizes, from five feet to twelve feet, and are built of materials according to their usage.
They can be found online as well as in many kayak shops across the country and
in sporting good stores. Most websites are filled with information regarding various boats for sale with cost details, manufacture
date, manufacturer's name as well as pictures uploaded of various makes for a more detailed approach to sales.

my web-site tracfone

Anonymous said...

(Thank you rounds are always welcome, of course. Below are listed a few popular pubs where one can chill in Mumbai.
The buccal cavity is a small cavity that has neither jaws nor teeth.


Here is my web-site ... fun pub Quiz names

Anonymous said...

Narrow blood vessels lie alongside the intestines of the earthworm and they absorb the
nutrients from the alimentary canal feeding the rest
of the body. Popular prizes include sports tickets, cash and vouchers for
drinks, food - and dollars off of tabs. They feature almost nightly drink specials and some form
of entertainment every night of the week--DJ's, live music, trivia, you name it.

my blog; pub quiz aberdeen

Anonymous said...

On Sunday nights Erin Jaimes hosts a blues jam where anyone from Alan Haynes to Gary Clark,
Jr. Popular prizes include sports tickets, cash and
vouchers for drinks, food - and dollars off of tabs. 28.


Also visit my homepage; best pub quiz team names

Anonymous said...

If the boat is not already equipped with a seat you'll want to get one. Saturn inflatable kayaks are also an affordable option with many kayak models starting at $500. Kayaks can also be classified as ocean kayaks, Hobie kayaks, river kayaks, and tandem kayaks.

Also visit my homepage Kissimmee hotels

Anonymous said...

If your tween is into paint-ball you can take everyone to play paint-ball.
You make different challenges like scavenger hunts, food challenges, mazes and races.
You Divide everyone at the party into two groups, or tribes.


My web page ... random

Anonymous said...

Chords introduce harmony into music and it is the effects created by
chords that produce the inspiration behind so much music and make it so satisfying both to listen to and
to play. Instead, focus on a single thing or just a couple of things, and
try not to move forward until you have reached those
goals. Once you know these scales, in all twelve keys, then you have
a very solid foundation on which to learn how to play piano
chords.

Here is my weblog - piano chords amazing grace

Anonymous said...

The owner decided after the event to donate half of the proceeds back to the students.
The game was released on August 3, and is in stores now, but probably is where it will remain, sad to say.

At each house you have the hostess serve something small to eat, and host a small game.


Feel free to visit my web page; orlando movers

Anonymous said...

(Thank you rounds are always welcome, of course.
Brazenhead is a great place to go with your family or for a business lunch or dinner, but
if you are looking for a party atmosphere, this isn't it. The decline of the East side blues scene was disheartening, but, it also gave rise to the need for a fresh start, which came in the form of the next blues-only venue, Antone's, founded by the late Clifford Antone, during the summer of 1975.


My blog post best pub quiz names

Anonymous said...

Some were practical, of course, but others were psychological
and emotional. Brazenhead is a great place to go with your family or for a business lunch or dinner, but if
you are looking for a party atmosphere, this isn't it. The buccal cavity is a small cavity that has neither jaws nor teeth.

My blog ... Brainstormer Pub Quiz Answers

Anonymous said...

The decor on the inside of the restaurant is absolutely
beautiful. At the end of each round read out the cumulative scores.
The Bull's Head Pub, Bangkok.

my homepage ... Free Pub Quiz And Answers

Anonymous said...

Narrow blood vessels lie alongside the intestines
of the earthworm and they absorb the nutrients from the alimentary
canal feeding the rest of the body. *Rounds
table format. The buccal cavity is a small cavity that has neither jaws nor teeth.



Here is my blog - easy pub quiz and answers

Anonymous said...

Narrow blood vessels lie alongside the intestines of the earthworm and
they absorb the nutrients from the alimentary canal feeding the rest of the body.
Brazenhead is a great place to go with your family or for a business lunch or dinner, but if you are looking for
a party atmosphere, this isn't it. The Bull's Head Pub, Bangkok.


Also visit my web-site ... clever pub quiz names

Anonymous said...

Upon returning to the starting line, the first player
must pass the sugar cube to the next teammate in line and
so on. At the end of the party all of the papers write down who
they think was the prohibition agent. At each house you have the hostess serve something small to eat, and host a small game.


Feel free to surf to my web page :: the hills

Anonymous said...

(Thank you rounds are always welcome, of course. Popular
prizes include sports tickets, cash and vouchers for drinks,
food - and dollars off of tabs. Her father, Bruce Paltrow, produced the critically acclaimed TV
series that is considered the precursor to many medical shows today, St.


Here is my webpage :: best pub quiz names

Anonymous said...

Narrow blood vessels lie alongside the intestines of the earthworm and they
absorb the nutrients from the alimentary canal feeding the rest of the
body. You must definitely be planning to make it special and memorable by keeping a
good theme, ordering the best food and choosing the best games.
Her father, Bruce Paltrow, produced the critically acclaimed TV series that is considered the precursor to
many medical shows today, St.

my site pub quiz team names ()

Anonymous said...

On Sunday nights Erin Jaimes hosts a blues jam where anyone from Alan
Haynes to Gary Clark, Jr. Below are listed a few popular
pubs where one can chill in Mumbai. They feature almost nightly drink
specials and some form of entertainment every night of the week--DJ's, live music, trivia, you name it.

Here is my site ... pub quiz archives