Card present vs. card not present. Gateway account vs merchant account. Authorization vs. capture. The system and terms surrounding credit card acceptance can be quite complex. Let’s simplify it for you.
The truth is, the credit card transaction process varies according to where the transaction takes place, what type of card is used, and more. But across all the many possible variations, the overall transaction process generally involves a consistent set of entities, steps, and fees that may be charged.
Our latest white paper, “B2B Insights: Understanding the Credit Card Process,” provides a simplified overview that covers:
-The main players in the process
-The keys steps in the process
-The fees that may be charged by each entity
Most importantly, it also covers how B2B companies can save money on the fees paid to accept credit cards.
Download “B2B Insights: Understanding the Credit Card Process” now to learn more about the process or get a refresher of what you already know and see if there are areas of improvement for your business to save on costs.
