CreditCards.com has provided an interactive guide to show how merchants and banks process cards purchases. For the interactive guide click here, (or the graphic on the left)For a printable version, click the PDF link at the bottom of this post.
How credit card transactions work
Interactive guide shows how merchants, banks process card purchases
By Tyler Metzger - CreditCards.com
More than 23 billion credit cards transactions were processed in the United States in 2007, and they are projected to grow by 26 percent over the next five years, according to the Nilson Report. But have you ever wondered what exactly happens after your card is swiped?
Use this guide to to find out how your credit card transactions are processed. PDF
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