Credit Card Solution

by : Barbara Camie



For the procedure of credit card possessing, an honorarium is loaded by the supplier of the credit card. The supplier acts like just an intermediary in the transactional treatment of the credit card. The unique number of the credit cards and dates of validity can give the authorization of the owner of the credit card. In the end of the transaction of the payment, the numbers of the confirmation are sent to the contributors.
The processing of the credit cards can be done via two ways; online and offline which is known as real time processing.

Offline Processing of Credit Cards
The procedure of offline processing is not a quick job. The transaction of group meets and then the process becomes in a certain physical location. The set up is less complicated and it does not require except an entrance of the payment. This is why offline processing of credit cards is cheaper than that of online processing.

Online Processing of Credit Cards
The in real time credit card processing, it automatically processes orders of the credit card and the authorization is made immediately. The transactions done by the credit card owner can be captured on the Internet mercantile account by the retailer. The online mercantile account is an account that accepts and processes the payments of credit card in Internet. It is a tied special account to a processor of the credit card. When the owner verifies himself and the credit card is approved, the client receives the immediate notification that the order is accepted and the specified amount of money are transferred from the banking account of the client to the account of the retailer. The process of real time processing of the credit card is expensive and complicated to perform. This procedure is most suitable for the merchants who performs a huge amount of transactions through credit card as this is the most quick and convenient way of credit card processing.

Doesn't matter whatever the procedure of the credit card processing is; make sure the retailer is honest and not taking the advantage of your trust on him. You should personally decide the way of credit card processing that suits you best instead of doing this as the retailer wants.