How A Credit Card Transaction Works [Infographic]
Have you ever wondered how a credit card transaction works – what happens behind the scenes as you swipe your card and make a purchase?
How does the retailer get paid, and how does your bank keep track of how much you owe on your credit card?
In this infographic, we explain the inner workings of a credit card transaction, as well as offer tips to cardholders on how you can minimise the fees on your card, and what to do if you’re in too much debt.
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