as soon as you make your purchase, it goes through immediately.
The function of a credit card terminal is to provide a trader with the tools to allow a customer or consumer to pay for services or goods through credit cards as the credit card terminal allows for transaction through credit cards.
Purchase with a credit card is not considered a cash transaction, as the person making the purchase does not pay for the item until they pay their credit card bill, which may not occur until much later.
Managing account to card account to transaction list
credit card flow diagram
All data embossed on card to make financial/transaction.
No it is done through online transaction
An ARN in credit card transactions is the Acquirer Reference Number, a unique number that tags a credit card transaction when it goes from the merchants bank (The Acquirering Bank) through the card scheme to the cardholders bank (The Issuer).If you are querying a credit card transaction, having the ARN will allow your Bank and the merchants Bank track the transaction.
no becuase bank charge when transaction is done. your process on through debit card. if this process happen with through check then bank charge it.
"CKCD AUTH" likely refers to a transaction where a credit card was authorized for a particular purchase through a payment gateway or processing system. It indicates that the credit card authorization was successful for the transaction.
A 'foreign card transaction' - is any transaction on your card that has taken place outside your home country. For example - say you live in the UK, and you go to Spain, using your card while you're there... Any purchases or cash advances made on your card would show up as a 'foreign card transaction'.
as soon as you make your purchase, it goes through immediately.
Off us transaction is a transaction made in an ATM or a POS of a bank different from the bank that issued the card used to make the transaction
Well, this is an ambiguous question, so I will answer for all the possible interpretations for the benefit of the reader:1. When you apply for a credit card if the application is successful then it is said that your card has been approved2. When a card is swiped through at the terminal or eft point, the credit provider's server is connected to enable to processing of the transaction. When the transaction is successfully processed, people often use the term the card approved / transaction approved...Hope this helps!
The magnetic strip on credit cards stores important card information like the card number and expiration date. When swiped at a card reader, this information is transmitted to complete a transaction securely.
The non ON-US transaction is the transaction, which is made on the ATM or POS terminal of the bank other then the bank that issued the card. For an example, if I swiped my ICICI credit card in ICICI ATM, then the transaction is called ON-US transaction. If I swipe my ICICI card in the ATM other then ICICI ATM, then the transaction is called non ON-US transaction.
The non ON-US transaction is the transaction, which is made on the ATM or POS terminal of the bank other then the bank that issued the card. For an example, if I swiped my ICICI credit card in ICICI ATM, then the transaction is called ON-US transaction. If I swipe my ICICI card in the ATM other then ICICI ATM, then the transaction is called non ON-US transaction.