How An Internet Credit Card Transaction Works


The online customer finds the merchant's website and selects products (or services) to purchase and then adds the products to their shopping cart. When they are finished shopping and ready to check out, they enter their credit card billing information. The credit card information along with the billing and shipping information will be passed to the payment gateway without the customer ever leaving the merchant's site.

Once the billing information has made it to the payment gateway, it is then transmitted to our processor.

The processor then passes the information from the payment gateway to the bank that issued the credit card to the customer, which then verifies that the card is valid and that the amount requested is available on the customer's credit card. The bank then sets aside the purchase amount for the merchant, then sends back an approval number (or a decline message) back to the processor which in turn transmits that information to the merchant.

This process takes approximately 3-15 seconds to complete.

The payment gateway will pass the approval code back to the merchant's website/email. At this point the merchant can also choose to have the payment gateway email the customer a payment receipt.

The transaction is completed at this point. It usually takes two business days from the time of the original transaction for the funds to reach the merchant's checking account.


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