What Is Credit Card Processing And How Does It Work?

In this video, we'll cover everything you need to know about credit card processing including a breakdown of the overall process, who’s involved in a credit card transaction, the different credit card processing fees, and much more. We’re confident that by the end of this video you’ll have a much better understanding of how payment processing works!

🔗LINKS MENTIONED IN THIS VIDEO:

- The Best Credit Card Processing Companies [2024]:

- Snag a free copy of The Beginner’s Guide To Credit Card Processing [eBook]:

- Understanding credit card processing fees:

- Check out our website:

⏱️TIMESTAMPS:
00:00 - Intro
00:41- What is credit card processing?
00:52 - How credit card processing works
01:41 - The 5 major players in a credit card transaction
02:45 - The 3 main credit card processing fees
04:37 - Other credit card processing fees
04:50 - How can you lower your CCP fees?
05:51 - Outro

📹CREDITS:
Video editing: Ryon Hinson
All sfx, graphics, and music are licensed through Envato Market.

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#creditcardprocessing #paymentprocessing #paymentprocessor

[Dafne.gmm]

I’m sorry but all the word use here confused me more lol! Why is credit so hard to understand 😭 I’m getting a credit card and I want to understand how to use it, what’s the point, how am I helping the bank, and how are they helping me, who’s putting money and when are they taking it. Why does it matter to pay half before the date but u can’t use all and can’t pay late… I get that but all other is so confusing

[vitasalata]

Can a merchant use their own company credit card at their own company? Can a person that owns two companies use a corporate card from company A for “purchases” to their own company B?