Credit Card Process Flow

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30 Οκτ 2013 (πριν από 4 χρόνια και 9 μέρες)

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Credit Card Process Flow


By: Lela Reeves

Hypercom Payment Solutions

Credit Card Authorization Flow

2

Merchant


Consumer

Cardholder

Routing

Provider

Front End Processor or
Network

Visa/MC

Network



Verify Funds and
Address Information

Approval

Approval

Issuing Bank

Communication Credit Card
Authorization Flow

3

Merchant/ Site

Front End Processor or
Network

Visa/MC

Network



Verify
Funds and
Address Information

Issuing Bank

TCP/IP

TCP/IP

Credit Card Settlement Flow

4

Routing

Provider

Merchant

Front End Processor or
Network

Back End
Processor or
Network

Issuing Bank

Acquiring Bank


Routes
funds to
correct bank

$$

$$

$$

Initiate
Settlement

Settlement Submitted

Electronic Payment Processing Hierarchy

5

Banks

Card Associations

Card Processors / Networks /Hosts

MSPs / ISOs / Major
Oil Companies

Merchants / Sites

AMEX

Host Capture Authorizations


6

P3

P1

P2

Merchant/
Site POS

Routing
Provider /
Terminal

HOST

Front End
Processor
/ Network

Request

Database

Transaction
Database

Keeps record
of
Authorizations
and Sales

Transaction
Request

Transaction

Response

Card Holder

Issuing Bank

Terminal Capture Authorizations

7

P3

P1

P2

Client
POS/SALES
App

HPS

System

Terminal
Front End
Processor

Transaction
Database

Authorizations

Transaction
Request

Transaction

Response

Card Holder

Issuing Bank

Request

Database

Hypercom Payment Solutions


Thank you for viewing our presentation!


Please contact Hypercom Sales if you would like to receive more
information on our product family.


Sales Coordinator:
Lela Reeves

Email:
lreeves@hypercom.com

Phone:
912.965.9019 x4000

Support:
hps
-
support@hypercom.com

Website:
http://hypercom.com