Process Flow Comparison: How VISA Works When Swiping a Credit Card at a Merchant’s Shop VS Digital Wallet

ByteByteGo | Alex Wu | Jul 16, 2022 What happens when you swipe your credit card at a merchant's shop VISA, Mastercard, and American Express act as card networks for clearing and settling funds. The card acquiring bank and the card issuing bank can be – and often are – different. If banks were to

The post Process Flow Comparison: How VISA Works When Swiping a Credit Card at a Merchant’s Shop VS Digital Wallet first appeared on National Crowdfunding & Fintech Association of Canada.