The following infographic is a really handy credit card processing guide which illustrates very clearly the process of credit card transactions. Here you will learn about the parties involved in the transaction process, the transaction process itself through to the different types to fees, common pricing models and funding schedules.
If you carry a credit card, having even a basic understanding of how they work can benefit you. If like the majority of credit card users who pay little attention to credit card processing fees, you will likely pay for services that you do not really need and pay over the odds for those services that you do need.
Created by Performance Card Service, a high risk credit card processing company.