If you area trader you must be aware of the current trend of business world also known as credit card processing. Credit card processing has become big business toll and a part of every business owner and customers day to day life. With people going itchy about carrying money in their pocket credit cards have come out as a solution for them, thus every trader or business owner knows implementing credit card processing in their filed of work will do more than simple sale increase or pleasing just another customer.
Credit card is a piece of plastic in form of card with the name and data of the user issued by respective banks or financial institute of the user. When a customer goes in to a shop and buys goods using credit cards they handle the shop owner the card which is then swiped through the credit card equipment along with the punching of the credit card number. Moment the card is swiped through an equipment, data regarding the user and its account eligibility is flashed to the bank which in turn lets the trader know whether to accept the card payment or not.
The whole working of credit card and credit card software system sounds simple, fast and smart but the...
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