Where Does a Transaction Go?
Автор: MentoredByMarkT
Загружено: 2025-01-18
Просмотров: 99
Описание:
I break open the payments processing lingo for you. Transactions are miraculous - not magic!
You can understand credit, debit, prepaid card processing - with my help. MentoredByMarkT.com
To build a strong career in payment cards, you have to understand the foundational terms and concepts. This is the second video in a Payment Cards 101 playlist to help you gain that foundation. In this video, we dissect a payment card transaction to find out what happens "behind the scenes".
0:00 - Introduction
1:15 - Participants in a Transaction
3:32 - Customer, Merchant, & Payment Card
5:15 - POS Entry Mode (for face-to-face transactions)
7:12 - Transaction Routing
9:41 - Promo
10:30 - Financial Transaction Flow
15:28 - Ending Segment
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