Insights Magazine from CMSPI | Nov 2021 Edition

FEATURE ARTICLE

Insights Magazine from CMSPI

Page 10 | November 2021

Checkout

Gateway

A Short Story of a Good Customer and a Card Transaction

Processor

Network

Issuer-Owned Processor

Flow of Funds

Issuer

BOTTOM-LINE After the transaction has been

authorized and settled, the cost per transaction is reported in a monthly invoice or bill. The fees flow to different parties in the supply chain, with cost increases reducing the productivity of the transaction.

Fraud Screening

Transaction Approved

Processor

Network/Issuer

Alternative Payment Method Provider

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