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Imagine a world where every financial transaction in your business is seamless, instant, and intelligent. Where your ERP...
Making sense of the credit card process: a simplified overview for B2B companies
Card present vs. card not present. Gateway account vs merchant account. Authorization vs. capture. The system and terms surrounding credit card acceptance can be quite complex. Let’s simplify it for you.
B2B Insights: Understanding the Credit Card Process
Maybe you’re a first-time small business owner. Maybe you’re a controller for a larger enterprise company. Either way, it’s likely that at some point, you’ve had a question or two about a part of the often complex and usually confusing credit card process. We get it — and we’ve been answering those questions for more than two decades.
The truth is, the credit card transaction process varies according to where the transaction takes place, what type of card is used, and more. But across all the many possible variations, the overall transaction process generally involves a consistent set of entities, steps, and fees that may be charged.
Our latest white paper, “B2B Insights: Understanding the Credit Card Process,” provides a simplified overview that covers:
- The key players in the process
- The steps in the process
- The fees that may be charged
Most importantly, it also covers how B2B companies can save money on the fees paid to accept credit cards.
Download “B2B Insights: Understanding the Credit Card Process” now to learn more about the process or get a refresher of what you already know and see if there are areas of improvement for your business to save on costs.
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