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How Processing Works
When a credit or debit card is swiped, keyed or entered online, the Merchant submits a request for authorization. This request is sent through the credit card network to the issuing Merchant Account Provider. The Provider verifies the credit or debit card and the funds requested and either approves the transaction or declines it. This approval or decline is then sent back to the Merchant. If the transaction is approved, the funds are deposited into the Merchant Account holder’s bank account.
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