LIFE OF A CREDIT CARD TRANSACTION

Often times, members of the EMG team are asked how a credit card transaction is actually authorized, settled, cleared, and then funded. The process is quite complicated and subject to continual change and improvement. Due to increased security standards being set forth by the Payment Card Industry, EMG works with countless individuals to monitor these changes to see how they will affect our valued merchant base.

Below is a diagram, outlining the life of a credit card transaction. If the print is too small to be seen on your screen, simply click on the image for a larger view.