Consumer goes web site, chooses goods and/or services, and fills out the merchant commerce application
Consumer enters credit card information into a secured form that is sent over the Internet via Real Time Online Processing software (i.e.Authorize.net), which then sends the encrypted transaction to the acquiring processor for credit card authorization
Acquiring processor sends transaction to card association, which in turn sends the request for credit card authorization to the issuing bank
Issuing bank accepts or declines the credit card transaction and sends message to the card association
The card association contacts the credit card processor with the credit card authorization, and then the request to deliver goods and services is given to the merchant by way of the online credit card processing software
Merchant sends the credit card processing company "fulfillment notification to permit settlement" meaning that the goods and services have been delivered or are ready to be shipped
The capture takes place when the credit card authorization information is given to the issuing bank and the consumer's credit card is charged for goods and services requested/received ** This entire process takes place in less than ten seconds.
Finally, when the merchant decides to settle batch, the acquiring processor finalizes the credit card transaction with the issuing bank and they transfer money into the merchant's bank
In today's e-commerce environment, it is vitally important to present an online solution to your customers that works well all the time. It's that simple. We provide an extremely safe, reliable credit card processing solution utilized by thousands of successful web merchants since long. Real-time credit card authorizations (in fewer than 5 seconds) are consistently performed while numerous fraud checks run simultaneously. You'll know virtually instantly, in a secure environment, whether you have a good sale or a denied card. All the details of the transactions will be returned to you as they're happening (in real-time) so that your business can act confidently on providing goods or services. Also, for those merchants in need of password management for subscription sales,
