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Author page: Chad Corbitt

3 Posts
Blankfactor - Payments Processing and Payment Cards

Payment Processing 101: How Do Payment Cards Work

In the previous blog, we explained how the transaction cycle works and how this process has changed the lives of many people. But now, how do payment cards make this entire process a reality? Payment cards are a wallet fixture. Along with your ID, a couple of family pictures or lucky charms and some cash, […]

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Blankfactor - Payments Processing Transaction Cycle

Payment Processing 101: The Transaction Cycle

In the previous instalment of Payment Processing 101, we explained how the key players in this process interact with each other at different stages of any transaction. The issuing banks, the acquirer, the card banks, the merchants and the cardholders all have their own specific function. The story doesn’t end with placing your card over […]

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