Credit card processing seems simple enough. However, there are lots of moving parts behind the scenes. Here is a simplified, step by step list that reveals the whole process:
Authorization
1. Your customer presents their credit card (or the card number, expiration date and security code) to you or your employee.
2. You swipe the card or key [...]
By John Robinson
Thank one of my merchants for this suggestion.
If you’re a brick-n-mortar business, and you’re using terminals to run your credit card transactions, you may have experienced the discomfort of a terminal dying. You may have needed to funnel large numbers of customers to other cash lanes, causing gridlock at your registers and annoying [...]
Can you say proprietary?
How about “proprietary credit card data capturing device?”
To explain what I am trying to get at let’s start with the definitions of the words in that phrase above:
pro·pri·e·tar·y = indicates that a
party, or proprietor, exercises private ownership, control or use over
an item of property, usually to the exclusion of other parties.
cred·it card [...]
