cctranflow

Slide 1: 

Illustration Of How A Credit Card Transaction Flows By http://www.cardexpert.org

Slide 2: 

Credit Card Purchase Transaction Flow CARDHOLDER MERCHANT AUTHORIZATION BANK http://www.cardexpert.org

Slide 3: 

Credit Card Purchase Transaction Flow CARDHOLDER MERCHANT AUTHORIZATION BANK http://www.cardexpert.org

Slide 4: 

Cardholder presents Credit Card for purchases of goods Credit Card Purchase Transaction Flow CARDHOLDER MERCHANT AUTHORIZATION BANK http://www.cardexpert.org

Slide 5: 

Cardholder presents Credit Card for purchases of goods Credit Card Purchase Transaction Flow CARDHOLDER MERCHANT AUTHORIZATION BANK http://www.cardexpert.org

Slide 6: 

Cardholder presents Credit Card for purchases of goods Merchant accepts credit card Credit Card Purchase Transaction Flow MERCHANT AUTHORIZATION BANK CARDHOLDER http://www.cardexpert.org

Slide 7: 

Cardholder presents Credit Card for purchases of goods Merchant accepts credit card Credit Card Purchase Transaction Flow MERCHANT AUTHORIZATION BANK CARDHOLDER http://www.cardexpert.org

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Cardholder presents Credit Card for purchases of goods Merchant accepts credit card 3. Merchant seeks authorization from bank Credit Card Purchase Transaction Flow MERCHANT AUTHORIZATION BANK CARDHOLDER http://www.cardexpert.org

Slide 9: 

Cardholder presents Credit Card for purchases of goods Merchant accepts credit card 3. Merchant seeks authorization from bank Credit Card Purchase Transaction Flow MERCHANT AUTHORIZATION BANK CARDHOLDER http://www.cardexpert.org

Slide 10: 

Cardholder presents Credit Card for purchases of goods Merchant accepts credit card 3. Merchant seeks authorization from bank 4. Bank authorizes transaction Credit Card Purchase Transaction Flow MERCHANT AUTHORIZATION BANK CARDHOLDER http://www.cardexpert.org

Slide 11: 

Cardholder presents Credit Card for purchases of goods Merchant accepts credit card 3. Merchant seeks authorization from bank 4. Bank authorizes transaction Credit Card Purchase Transaction Flow MERCHANT AUTHORIZATION BANK CARDHOLDER http://www.cardexpert.org

Slide 12: 

Cardholder presents Credit Card for purchases of goods Merchant accepts credit card 3. Merchant seeks authorization from bank 4. Bank authorizes transaction Merchant releases goods to cardholder Credit Card Purchase Transaction Flow MERCHANT AUTHORIZATION BANK CARDHOLDER http://www.cardexpert.org

Slide 13: 

Cardholder presents Credit Card for purchases of goods Merchant accepts credit card 3. Merchant seeks authorization from bank 4. Bank authorizes transaction Merchant releases goods to cardholder Credit Card Purchase Transaction Flow CARDHOLDER MERCHANT AUTHORIZATION BANK http://www.cardexpert.org

Slide 14: 

Cardholder presents Credit Card for purchases of goods Merchant accepts credit card 3. Merchant seeks authorization from bank 4. Bank authorizes transaction Merchant releases goods to cardholder Cardholder pays the bank upon receipt of statement. Credit Card Purchase Transaction Flow CARDHOLDER MERCHANT AUTHORIZATION BANK http://www.cardexpert.org