Credit Card Transactions— From start to finish

The payment process is like a well-choreographed dance, with multiple stages that work together to ensure a smooth transaction.

5 stages of a credit card transaction

The first stage is submission, where the cardholder makes the payment by tapping, swiping, inserting or entering their card details. But this isn’t just a simple tap and beep — there are security checks in place to make sure everything is legitimate.