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The Ultimate Guide to Accepting Credit Card Payments

Stax

The process begins from the moment the customer makes a card payment to the point when the transaction is authorized and settled. Swiping, of course, is the oldest of the three methods and is used with a card that has a magnetic stripe (or magstripe) on it. That adds an extra layer of security.

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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

BIN Sponsorship A service provided by payment processors that enables merchants to accept payment cards from multiple card issuers. Bluetooth Card Reader A wireless device that connects to a mobile device or computer to process payment card transactions.

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