We take a look at the cast of players involved in a single transaction to help you understand the card payment industry and ecosystem. Being able to accept payments is integral for online businesses looking to grow their sales.
From issuers to regulators and acquirers, here's an overview of what takes place in an online transaction and how to leverage your payment service provider for international growth.
0:00 The card payment industry and key players
0:33 What is a cardholder?
0:39 What is a merchant?
0:56 What is an issuer?
1:02 What is an acquirer?
1:10 What is a card scheme?
1:20 What is a payment gateway?
1:29 How a card transaction works
2:24 Online card payments
2:41 What to look for in a payment partner
If you’re interested in learning more about accepting in-store card terminals, watch our video that takes a deep dive on how card terminals work: bit.ly/3QaPy78
#cardpayments #cardprocessing #paymentcardindustry #onlinepayments #paymentecosystem #globalpaymentserviceprovider #globalpayments
---------
Visit our website: www.emerchantpay.com
Follow us on social for content that inspires informed business decisions in payments:
LinkedIn / emerchantpay-ltd
Facebook / emerchantpay
Twitter / emerchantpay
25 июл 2024
