How Do Online Payments work? - A Visual Guide to Online Payment Processing.
| There are lots of different types of online payments. The most common method of online payment is a credit card authorisation. If you shop online you will come across this on a regular basis. Most of the time you will be unaware of how a credit card authorisation works. You will not know what is happening in the background, you enter your credit card details on a website and get confirmation that the transaction was successful. In order for a credit card transaction to get processed there are a number of steps that must be carried out and there are a number of different parties involved in this process. We have created an animation to explain how an online credit card authorisation works. The animation details each of the steps in this process. We have simplified the process to highlight the important concepts of an online credit card authorisation. |
Based on the feedback we receive on our online payments animation we may produce more explaining other aspects of online payments. If you have any comments or suggestions please contact us. We have got some feedback from our readers requesting that we provide the descriptions for each step from the animation in text format. We have created a page with the text from each of the steps in the animation..
If you find the above animation useful and think it would be help for your customers or clients then please link to it.
