{"id":22326,"date":"2023-10-19T06:03:01","date_gmt":"2023-10-19T14:03:01","guid":{"rendered":"https:\/\/trc-parus.ru\/?p=22326"},"modified":"2023-10-19T11:14:17","modified_gmt":"2023-10-19T19:14:17","slug":"how-do-credit-card-machines-work-step-by-step","status":"publish","type":"post","link":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/","title":{"rendered":"How do Credit Card Machines Work? Step by Step."},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"22326\" class=\"elementor elementor-22326\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b4399d3 e-flex e-con-boxed e-con e-parent\" data-id=\"b4399d3\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-75b9550 elementor-widget elementor-widget-text-editor\" data-id=\"75b9550\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Every day, <a href=\"https:\/\/trc-parus.ru\/products\/terminals\/\">credit card machines<\/a> facilitate seamless transactions with a simple tap, insert, or swipe. These devices may appear like magic, but have you ever looked into the inner workings behind these devices? We invite you to embark on a journey to understand the process and functionality behind credit card machines.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-336afb4 elementor-widget elementor-widget-heading\" data-id=\"336afb4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">What is a credit card machine?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e034e45 elementor-widget elementor-widget-text-editor\" data-id=\"e034e45\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"group final-completion w-full text-token-text-primary border-b border-black\/10 gizmo:border-0 dark:border-gray-900\/50 gizmo:dark:border-0 bg-gray-50 gizmo:bg-transparent dark:bg-[#444654] gizmo:dark:bg-transparent\" data-testid=\"conversation-turn-15\"><div class=\"p-4 justify-center text-base md:gap-6 md:py-6 m-auto\"><div class=\"flex flex-1 gap-4 text-base mx-auto md:gap-6 gizmo:gap-3 gizmo:md:px-5 gizmo:lg:px-1 gizmo:xl:px-5 md:max-w-2xl lg:max-w-[38rem] gizmo:md:max-w-3xl gizmo:lg:max-w-[40rem] gizmo:xl:max-w-[48rem] xl:max-w-3xl }\"><div class=\"relative flex w-[calc(100%-50px)] flex-col gizmo:w-full lg:w-[calc(100%-115px)] agent-turn\"><div class=\"flex-col gap-1 md:gap-3\"><div class=\"flex flex-grow flex-col gap-3 max-w-full\"><div class=\"min-h-[20px] flex flex-col items-start gap-3 whitespace-pre-wrap break-words overflow-x-auto\"><div class=\"markdown prose w-full break-words dark:prose-invert dark\"><p>A credit card machine, also known as a <a href=\"https:\/\/trc-parus.ru\/products\/pos\/\">point-of-sale (POS) terminal<\/a>, card reader, payment terminal, or credit card terminal, is a device used by businesses to facilitate electronic payments made with credit and debit cards. These machines are designed to read the data stored on the magnetic stripe or EMV chip of a card and securely process transactions.<\/p><p><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); text-align: var(--text-align);\">You will hear the term EMV a lot in payments. <a href=\"https:\/\/trc-parus.ru\/blog\/what-is-emv-in-payment-processing\/\">EMV stands for &#8220;Europay, Mastercard, and Visa&#8221;<\/a>, the three companies that created the standard. It is basically a security standard that all payment companies use.<\/span><\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a18a011 elementor-widget elementor-widget-image\" data-id=\"a18a011\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2022\/12\/Ingenico-terminal-Clearly-Payments-1024x683.jpg\" class=\"attachment-large size-large wp-image-11675\" alt=\"Ingenico credit card machine with TRC-Parus\" srcset=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2022\/12\/Ingenico-terminal-Clearly-Payments-1024x683.jpg 1024w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2022\/12\/Ingenico-terminal-Clearly-Payments-300x200.jpg 300w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2022\/12\/Ingenico-terminal-Clearly-Payments-768x512.jpg 768w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2022\/12\/Ingenico-terminal-Clearly-Payments.jpg 1536w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dcb86c9 elementor-widget elementor-widget-text-editor\" data-id=\"dcb86c9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Credit card machines play a crucial role in modern commerce by allowing customers to make purchases, and they are used in various settings, including retail stores, restaurants, and other transaction situations. Credit card machines offer features for authorization, payment processing, and transaction management, ensuring the secure and efficient transfer of funds between customers and businesses.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-affd1b2 elementor-widget elementor-widget-heading\" data-id=\"affd1b2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Main functions of a credit card machine <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ab0913 elementor-widget elementor-widget-text-editor\" data-id=\"2ab0913\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div><div class=\"group final-completion w-full text-token-text-primary border-b border-black\/10 gizmo:border-0 dark:border-gray-900\/50 gizmo:dark:border-0 bg-gray-50 gizmo:bg-transparent dark:bg-[#444654] gizmo:dark:bg-transparent\" data-testid=\"conversation-turn-13\"><div class=\"p-4 justify-center text-base md:gap-6 md:py-6 m-auto\"><div class=\"flex flex-1 gap-4 text-base mx-auto md:gap-6 gizmo:gap-3 gizmo:md:px-5 gizmo:lg:px-1 gizmo:xl:px-5 md:max-w-2xl lg:max-w-[38rem] gizmo:md:max-w-3xl gizmo:lg:max-w-[40rem] gizmo:xl:max-w-[48rem] xl:max-w-3xl }\"><div class=\"relative flex w-[calc(100%-50px)] flex-col gizmo:w-full lg:w-[calc(100%-115px)] agent-turn\"><div class=\"flex-col gap-1 md:gap-3\"><div class=\"flex flex-grow flex-col gap-3 max-w-full\"><div class=\"min-h-[20px] flex flex-col items-start gap-3 whitespace-pre-wrap break-words overflow-x-auto\"><div class=\"markdown prose w-full break-words dark:prose-invert dark\"><p>Credit card machines serve as the backbone of payment processing for businesses of all sizes. These devices enable the smooth execution of sales transactions, captures essential transaction data, and empowers businesses to manage the complexities of refunds, voids, and daily settlement. Here are some of the key functions that credit card machines enable.<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><ol><li><p><strong>Sales Transaction:<\/strong> The primary function of a credit card machine is to facilitate the sale of goods or services. It processes the transaction when a customer makes a payment using their credit or debit card. The machine communicates with the cardholder&#8217;s bank (<a href=\"https:\/\/trc-parus.ru\/blog\/what-is-an-issuing-bank-in-payments\/\">the issuing bank<\/a>) to authorize and complete the purchase.<\/p><\/li><li><p><strong>Authorization and Capture:<\/strong> The credit card machine can authorize a transaction, but not actually process it. It would process the transaction at a later date with the &#8220;capture&#8221; functionality. Authorization basically sends an authorization request to the issuing bank to verify the card&#8217;s validity and check if the cardholder has sufficient funds or credit available. This is commonly used when you check in at hotels. They authorize something like $250 to verify your credit card.<\/p><\/li><li><p><strong>Payment Confirmation:<\/strong> Once the issuing bank approves the transaction, the credit card machine generates a payment confirmation, indicating that the sale has been authorized. The customer typically receives a receipt for their records.<\/p><\/li><li><p><strong>Refunds:<\/strong> Credit card machines have the capability to process refunds. If a customer returns a product or requests a refund for a service, the machine can initiate a refund transaction, crediting the amount back to the cardholder&#8217;s account. This helps businesses manage returns and maintain customer satisfaction.<\/p><\/li><li><p><strong>Void Transactions:<\/strong> In cases where a sale needs to be canceled before it is settled, the credit card machine can void the transaction. This function ensures that the customer is not charged, and the authorization is canceled.<\/p><\/li><li><p><strong>Batch Settlement:<\/strong> At the end of the business day, the credit card machine performs a <a href=\"https:\/\/trc-parus.ru\/blog\/what-is-settlement-in-payments\/\">batch settlement<\/a>. It totals all the authorized transactions and initiates the process of depositing the funds into the merchant&#8217;s bank account. This is an essential step for reconciling daily sales.<\/p><\/li><li><p><strong>Reporting:<\/strong> Credit card machines offer reporting capabilities to provide businesses with insights into their transactions. These reports can include sales summaries, transaction history, and other data to help with accounting and record-keeping.<\/p><\/li><li><p><strong>Offline Mode:<\/strong> In situations where the internet connection is temporarily unavailable, credit card machines might have an offline mode. This mode allows them to continue processing transactions and store them locally until connectivity is restored.<\/p><\/li><li><p><strong>Transaction History:<\/strong> Credit card machines maintain a transaction history, which is important for record-keeping and dispute resolution. This history includes details of all authorized transactions, including sales, refunds, and voids.<\/p><\/li><\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7241146 elementor-widget elementor-widget-heading\" data-id=\"7241146\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Step by step transaction process<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2499bbc elementor-widget elementor-widget-text-editor\" data-id=\"2499bbc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Credit card machine processing involves three pivotal stages: authorization, capture, and settlement. Each of these stages plays a crucial role in the payment journey:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0609fa7 elementor-widget elementor-widget-heading\" data-id=\"0609fa7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 1: Authorization<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-783291b elementor-widget elementor-widget-text-editor\" data-id=\"783291b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ol><li><strong>Card Entry<\/strong>: The customer inserts, swipes, or taps their credit or debit card into the card reader of the credit card machine.<\/li><li><strong>Data Transmission<\/strong>: The credit card machine reads the data from the card&#8217;s magnetic stripe or EMV chip.<\/li><li><strong>Authorization Request<\/strong>: The machine sends an authorization request to the issuing bank (the bank that issued the customer&#8217;s credit or debit card). This request includes transaction details like the amount and card information.<\/li><li><strong>Bank Verification<\/strong>: The issuing bank verifies the transaction by checking the cardholder&#8217;s account for available credit or funds and performs security checks to prevent fraud.<\/li><li><strong>Authorization Response<\/strong>: The issuing bank sends an authorization response to the credit card machine. If approved, this response includes an authorization code.<\/li><\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d10f7e6 elementor-widget elementor-widget-heading\" data-id=\"d10f7e6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 2: Capture<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1682f5e elementor-widget elementor-widget-text-editor\" data-id=\"1682f5e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ol><li><strong>Transaction Data Storage<\/strong>: While authorization verifies the transaction, the actual funds transfer or capture happens later. The credit card machine stores the authorized transaction data for later processing.<\/li><\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-460f5ef elementor-widget elementor-widget-heading\" data-id=\"460f5ef\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 3: Settlement<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a4eaf10 elementor-widget elementor-widget-text-editor\" data-id=\"a4eaf10\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ol><li><strong>Batching<\/strong>: At the end of the day or another predetermined time, the credit card machine batches together all the authorized transactions.<\/li><li><strong>Funds Transfer<\/strong>: The batch of authorized transactions is sent to the credit card company or payment processor for settlement. The funds are transferred from the customer&#8217;s bank to the merchant&#8217;s account.<\/li><\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3060dab elementor-widget elementor-widget-heading\" data-id=\"3060dab\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 4: Payment Confirmation<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d54189d elementor-widget elementor-widget-text-editor\" data-id=\"d54189d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ol><li><strong>Receipt<\/strong>: The credit card machine generates a payment confirmation and issues a receipt for the customer&#8217;s records. The receipt typically includes transaction details and the authorization code.<\/li><\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1139ca7 elementor-widget elementor-widget-heading\" data-id=\"1139ca7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Step 5: Refunds and Void Transactions<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b5ae763 elementor-widget elementor-widget-text-editor\" data-id=\"b5ae763\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ol><li><b>\u00a0<\/b><strong style=\"font-size: 17px; color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; text-align: var(--text-align);\">Refunds<\/strong><span style=\"font-size: 17px; color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); text-align: var(--text-align);\">: If a customer returns a product or requests a refund, the credit card machine can initiate a refund transaction. The refunded amount is credited back to the cardholder&#8217;s account.<\/span><\/li><li><strong>Void Transactions<\/strong>: In cases where a sale needs to be canceled before it is settled, the credit card machine can void the transaction, ensuring the customer is not charged.<\/li><\/ol>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-acb11ee elementor-widget elementor-widget-heading\" data-id=\"acb11ee\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Behind the scenes process of a merchant account<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0aebdbf elementor-widget elementor-widget-text-editor\" data-id=\"0aebdbf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Every credit card machine needs a <a href=\"https:\/\/trc-parus.ru\/blog\/what-is-a-merchant-account\/\">merchant account<\/a> set up for it to work. Behind the scenes of a transaction, there are numerous players involved, described in the chart below like the cardholder&#8217;s bank, Visa, and the payment processor. The merchant account serves as a financial intermediary, allowing businesses to accept various payment methods such as credit cards or mobile payments.\u00a0<\/p><p>This enables the smooth transfer of funds from the customer\u2019s account to the merchant\u2019s account, ensuring a secure and efficient transaction process.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c6d4b7a elementor-widget elementor-widget-image\" data-id=\"c6d4b7a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"386\" data-src=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/03\/merchant-account-transaction-1024x494.png\" class=\"attachment-large size-large wp-image-20676 lazyload\" alt=\"The transaction flow with a merchant account\" data-srcset=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/03\/merchant-account-transaction-1024x494.png 1024w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/03\/merchant-account-transaction-300x145.png 300w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/03\/merchant-account-transaction-768x371.png 768w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/03\/merchant-account-transaction-1536x741.png 1536w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/03\/merchant-account-transaction-2048x988.png 2048w\" data-sizes=\"(max-width: 800px) 100vw, 800px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 800px; --smush-placeholder-aspect-ratio: 800\/386;\" \/><noscript><img decoding=\"async\" width=\"800\" height=\"386\" src=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/03\/merchant-account-transaction-1024x494.png\" class=\"attachment-large size-large wp-image-20676\" alt=\"The transaction flow with a merchant account\" srcset=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/03\/merchant-account-transaction-1024x494.png 1024w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/03\/merchant-account-transaction-300x145.png 300w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/03\/merchant-account-transaction-768x371.png 768w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/03\/merchant-account-transaction-1536x741.png 1536w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/03\/merchant-account-transaction-2048x988.png 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/noscript>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1e5e6e5 elementor-widget elementor-widget-text-editor\" data-id=\"1e5e6e5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a7cab38 elementor-widget elementor-widget-text-editor\" data-id=\"a7cab38\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div class=\"elementor-widget-container\"><p>It\u2019s important to note that the specific flow and timelines can vary depending on the payment processor, acquiring bank, and the merchant\u2019s agreement with their service providers. Additionally, online transactions may involve additional security measures, such as\u00a0<a href=\"https:\/\/trc-parus.ru\/blog\/what-is-3d-secure-in-payment-processing\/\">3D Secure authentication<\/a>, to mitigate fraud risks.<\/p><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46ff95f elementor-widget elementor-widget-heading\" data-id=\"46ff95f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How EMV chip card readers work<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8ca64d elementor-widget elementor-widget-text-editor\" data-id=\"a8ca64d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); text-align: var(--text-align);\"><a href=\"https:\/\/trc-parus.ru\/blog\/what-is-emv-in-payment-processing\/\">EMV<\/a>, a global standard under the guardianship of industry giants such as American Express, Discover, JCB, Mastercard, UnionPay, and Visa, represents the zenith of chip card technology. While Australia transitioned to EMV back in 2013, some regions, notably the United States, are still in the throes of the shift from magstripe to chip technology.<\/span><\/p><p>Chip cards are celebrated for their robust security. The dynamic encryption of data on these cards presents a formidable barrier to fraudsters attempting to access and misuse cardholder information. Notably, EMV technology has succeeded in substantially reducing global fraud rates. Early adopters who abandoned magstripe cards in favor of EMV technology reported significant declines in fraudulent activities. You can read more about <a href=\"https:\/\/trc-parus.ru\/blog\/credit-card-fraud-in-2023\/\">fraud statistics<\/a>.<\/p><p>Equipped with an embedded computer chip housing bank details, EMV cards boast ever-changing payment information. When inserted into a reader, a complex, encrypted conversation occurs, culminating in the generation of a unique code with each insertion. This data is then securely transmitted to the acquiring bank, shielding the transaction from potential threats.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c7391fc elementor-widget elementor-widget-heading\" data-id=\"c7391fc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How contactless card readers work<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7bf303c elementor-widget elementor-widget-text-editor\" data-id=\"7bf303c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); text-align: var(--text-align);\"><a href=\"https:\/\/trc-parus.ru\/blog\/contactless-tap-payments-and-apple-pay-explained\/\">Contactless (NFC) payments<\/a> are renowned for their speed and efficiency, making them ideal for bustling checkout scenarios. These transactions, while rapid, maintain the same level of security as chip cards, underpinned by encryption and dynamic data.<\/span><\/p><p>NFC, often referred to as &#8220;contactless&#8221; or &#8220;tap-and-go&#8221; payments, leverages &#8220;near field communication&#8221; technology. Similar to chip cards, NFC data undergoes encryption and dynamic modification, ensuring that each transaction carries unique data. Prominent examples of NFC payments include contactless cards and mobile wallets like Apple Pay, Android Pay, and Samsung Pay.<\/p><p>For NFC payments, customers simply tap their cards or place their mobile wallet-enabled devices, such as smartphones, over the credit card machine, initiating lightning-fast transactions.<\/p><p>With tap-and-go cards, the transaction process closely resembles that of EMV transactions. However, when using mobile wallets like Apple Pay, an additional layer of security emerges. Apple Pay employs a technology known as <a href=\"https:\/\/trc-parus.ru\/blog\/what-is-credit-card-tokenization\/\">tokenization<\/a>, safeguarding banking information. During setup, a photograph of the credit card is captured within the Apple Pay app. Apple then exchanges this information with a &#8220;token,&#8221; which is transmitted to the phone. This unique token does not contain the actual credit card details, rendering them inaccessible to fraudsters. Moreover, a distinct token is generated for each transaction, providing an extra layer of protection.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef00948 elementor-widget elementor-widget-heading\" data-id=\"ef00948\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How magnetic stripe (magstripe) readers work<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d2f3fa5 elementor-widget elementor-widget-text-editor\" data-id=\"d2f3fa5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Magstripe card readers, also known as magnetic stripe card readers, are devices designed to read the data stored on the magnetic stripe of credit, debit, or identification cards. These magnetic stripes are typically found on the back of these cards and contain important information about the cardholder&#8217;s account.\u00a0<\/p><p><span style=\"background-color: transparent; color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); text-align: var(--text-align);\">The data on the magnetic stripe is stored using magnetic particles. This stripe consists of three tracks, each containing different types of information. Track 1 is typically used for the cardholder&#8217;s name and account number, Track 2 contains the primary account number (PAN), and Track 3, which is less common, stores additional data.<\/span><\/p><p><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); text-align: var(--text-align); background-color: transparent;\">Although magstripe card readers have been widely used for decades, they are being phased out in favor of more secure technologies, such as EMV chip cards and contactless payments (e.g., NFC technology). These newer technologies offer enhanced security features and help reduce the risk of card skimming and fraud associated with magstripe cards.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Every day, credit card machines facilitate seamless transactions with a simple tap, insert, or swipe. These devices may appear like magic, but have you ever looked into the inner workings behind these devices? We invite you to embark on a journey to understand the process and functionality behind credit card machines. What is a credit [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":22374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[31],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How do Credit Card Machines Work? Step by Step. - Credit Card Processing and Merchant Account<\/title>\n<meta name=\"description\" content=\"How Credit Card Machines Work, Step by Step. Explains transaction process, players involved like Visa and the main functions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How do Credit Card Machines Work? Step by Step. - Credit Card Processing and Merchant Account\" \/>\n<meta property=\"og:description\" content=\"How Credit Card Machines Work, Step by Step. Explains transaction process, players involved like Visa and the main functions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/\" \/>\n<meta property=\"og:site_name\" content=\"Credit Card Processing and Merchant Account\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/clearlypayments\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-19T14:03:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-19T19:14:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/10\/how-credit-card-machines-work.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kalle Radage\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@kalleradage\" \/>\n<meta name=\"twitter:site\" content=\"@clearlypayments\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kalle Radage\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/\"},\"author\":{\"name\":\"Kalle Radage\",\"@id\":\"https:\/\/trc-parus.ru\/#\/schema\/person\/608d627233ee548e9312ce67fe0b72d0\"},\"headline\":\"How do Credit Card Machines Work? Step by Step.\",\"datePublished\":\"2023-10-19T14:03:01+00:00\",\"dateModified\":\"2023-10-19T19:14:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/\"},\"wordCount\":1686,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/trc-parus.ru\/#organization\"},\"image\":{\"@id\":\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/10\/how-credit-card-machines-work.jpg\",\"articleSection\":[\"How Payments Work\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/\",\"url\":\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/\",\"name\":\"How do Credit Card Machines Work? Step by Step. - Credit Card Processing and Merchant Account\",\"isPartOf\":{\"@id\":\"https:\/\/trc-parus.ru\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/10\/how-credit-card-machines-work.jpg\",\"datePublished\":\"2023-10-19T14:03:01+00:00\",\"dateModified\":\"2023-10-19T19:14:17+00:00\",\"description\":\"How Credit Card Machines Work, Step by Step. Explains transaction process, players involved like Visa and the main functions.\",\"breadcrumb\":{\"@id\":\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#primaryimage\",\"url\":\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/10\/how-credit-card-machines-work.jpg\",\"contentUrl\":\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/10\/how-credit-card-machines-work.jpg\",\"width\":1920,\"height\":1280,\"caption\":\"How do Credit Card Machines Work? Step by Step.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trc-parus.ru\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How do Credit Card Machines Work? Step by Step.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trc-parus.ru\/#website\",\"url\":\"https:\/\/trc-parus.ru\/\",\"name\":\"Credit Card Processing and Merchant Account\",\"description\":\"Friendliest Payment Processor on Earth\",\"publisher\":{\"@id\":\"https:\/\/trc-parus.ru\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trc-parus.ru\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/trc-parus.ru\/#organization\",\"name\":\"TRC-Parus\",\"url\":\"https:\/\/trc-parus.ru\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/trc-parus.ru\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/01\/Asset-1@3x.png\",\"contentUrl\":\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/01\/Asset-1@3x.png\",\"width\":2913,\"height\":902,\"caption\":\"TRC-Parus\"},\"image\":{\"@id\":\"https:\/\/trc-parus.ru\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/clearlypayments\",\"https:\/\/x.com\/clearlypayments\",\"https:\/\/www.linkedin.com\/company\/clearlypayments\",\"https:\/\/www.youtube.com\/channel\/UCUCzQokVSCniiISETs-R6mg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/trc-parus.ru\/#\/schema\/person\/608d627233ee548e9312ce67fe0b72d0\",\"name\":\"Kalle Radage\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/trc-parus.ru\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/65d359bc79497b225799d34b9d24421b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/65d359bc79497b225799d34b9d24421b?s=96&d=mm&r=g\",\"caption\":\"Kalle Radage\"},\"description\":\"Kalle Radage is a tech entrepreneur and business leader. Kalle is the Co-founder and Chairman of TRC-Parus and Co-founder and COO of Neptune Digital Assets. He has scaled technology companies from the ground up and held leadership roles at global enterprises. Previously, he was a venture capitalist, investing in and helping grow innovative companies. He strives to build teams and products that people love. He has lived and worked in Silicon Valley, Europe, Boston, and Vancouver. He received a computer science degree from UBC in Canada and an MBA from IESE in Spain. Kalle works to be an active tech community member as an advisor, investor, and board member. He enjoys skiing, biking, climbing, and surfing.\",\"sameAs\":[\"https:\/\/trc-parus.ru\",\"https:\/\/www.linkedin.com\/in\/kalleradage\/\",\"https:\/\/x.com\/kalleradage\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How do Credit Card Machines Work? Step by Step. - Credit Card Processing and Merchant Account","description":"How Credit Card Machines Work, Step by Step. Explains transaction process, players involved like Visa and the main functions.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/","og_locale":"en_US","og_type":"article","og_title":"How do Credit Card Machines Work? Step by Step. - Credit Card Processing and Merchant Account","og_description":"How Credit Card Machines Work, Step by Step. Explains transaction process, players involved like Visa and the main functions.","og_url":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/","og_site_name":"Credit Card Processing and Merchant Account","article_publisher":"https:\/\/www.facebook.com\/clearlypayments","article_published_time":"2023-10-19T14:03:01+00:00","article_modified_time":"2023-10-19T19:14:17+00:00","og_image":[{"width":1920,"height":1280,"url":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/10\/how-credit-card-machines-work.jpg","type":"image\/jpeg"}],"author":"Kalle Radage","twitter_card":"summary_large_image","twitter_creator":"@kalleradage","twitter_site":"@clearlypayments","twitter_misc":{"Written by":"Kalle Radage","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#article","isPartOf":{"@id":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/"},"author":{"name":"Kalle Radage","@id":"https:\/\/trc-parus.ru\/#\/schema\/person\/608d627233ee548e9312ce67fe0b72d0"},"headline":"How do Credit Card Machines Work? Step by Step.","datePublished":"2023-10-19T14:03:01+00:00","dateModified":"2023-10-19T19:14:17+00:00","mainEntityOfPage":{"@id":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/"},"wordCount":1686,"commentCount":0,"publisher":{"@id":"https:\/\/trc-parus.ru\/#organization"},"image":{"@id":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#primaryimage"},"thumbnailUrl":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/10\/how-credit-card-machines-work.jpg","articleSection":["How Payments Work"],"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/","url":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/","name":"How do Credit Card Machines Work? Step by Step. - Credit Card Processing and Merchant Account","isPartOf":{"@id":"https:\/\/trc-parus.ru\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#primaryimage"},"image":{"@id":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#primaryimage"},"thumbnailUrl":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/10\/how-credit-card-machines-work.jpg","datePublished":"2023-10-19T14:03:01+00:00","dateModified":"2023-10-19T19:14:17+00:00","description":"How Credit Card Machines Work, Step by Step. Explains transaction process, players involved like Visa and the main functions.","breadcrumb":{"@id":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/"]}]},{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#primaryimage","url":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/10\/how-credit-card-machines-work.jpg","contentUrl":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2023\/10\/how-credit-card-machines-work.jpg","width":1920,"height":1280,"caption":"How do Credit Card Machines Work? Step by Step."},{"@type":"BreadcrumbList","@id":"https:\/\/trc-parus.ru\/blog\/how-do-credit-card-machines-work-step-by-step\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trc-parus.ru\/"},{"@type":"ListItem","position":2,"name":"How do Credit Card Machines Work? Step by Step."}]},{"@type":"WebSite","@id":"https:\/\/trc-parus.ru\/#website","url":"https:\/\/trc-parus.ru\/","name":"Credit Card Processing and Merchant Account","description":"Friendliest Payment Processor on Earth","publisher":{"@id":"https:\/\/trc-parus.ru\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trc-parus.ru\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-CA"},{"@type":"Organization","@id":"https:\/\/trc-parus.ru\/#organization","name":"TRC-Parus","url":"https:\/\/trc-parus.ru\/","logo":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/trc-parus.ru\/#\/schema\/logo\/image\/","url":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/01\/Asset-1@3x.png","contentUrl":"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/01\/Asset-1@3x.png","width":2913,"height":902,"caption":"TRC-Parus"},"image":{"@id":"https:\/\/trc-parus.ru\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/clearlypayments","https:\/\/x.com\/clearlypayments","https:\/\/www.linkedin.com\/company\/clearlypayments","https:\/\/www.youtube.com\/channel\/UCUCzQokVSCniiISETs-R6mg"]},{"@type":"Person","@id":"https:\/\/trc-parus.ru\/#\/schema\/person\/608d627233ee548e9312ce67fe0b72d0","name":"Kalle Radage","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/trc-parus.ru\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/65d359bc79497b225799d34b9d24421b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/65d359bc79497b225799d34b9d24421b?s=96&d=mm&r=g","caption":"Kalle Radage"},"description":"Kalle Radage is a tech entrepreneur and business leader. Kalle is the Co-founder and Chairman of TRC-Parus and Co-founder and COO of Neptune Digital Assets. He has scaled technology companies from the ground up and held leadership roles at global enterprises. Previously, he was a venture capitalist, investing in and helping grow innovative companies. He strives to build teams and products that people love. He has lived and worked in Silicon Valley, Europe, Boston, and Vancouver. He received a computer science degree from UBC in Canada and an MBA from IESE in Spain. Kalle works to be an active tech community member as an advisor, investor, and board member. He enjoys skiing, biking, climbing, and surfing.","sameAs":["https:\/\/trc-parus.ru","https:\/\/www.linkedin.com\/in\/kalleradage\/","https:\/\/x.com\/kalleradage"]}]}},"_links":{"self":[{"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/posts\/22326"}],"collection":[{"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/comments?post=22326"}],"version-history":[{"count":63,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/posts\/22326\/revisions"}],"predecessor-version":[{"id":22430,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/posts\/22326\/revisions\/22430"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/media\/22374"}],"wp:attachment":[{"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/media?parent=22326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/categories?post=22326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trc-parus.ru\/wp-json\/wp\/v2\/tags?post=22326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}