How cerdits cards are human being process? i want only how credit card process is done Answer:
Answer:
credit cards have a strip of magnet losing them which stores necessary info. to get it connected to the bank's computer when it is swapped on a credit card contrivance and is then punched a figure of doesn`t matter what you purchase by the merchant. And you have a slip of credit purchase you make.
So, credit card statement is afterwards sent to you for such purchases you make in a time of year of time.
When u r buying some thing and issue credit card to the seller and he scrape it and gives u slip and tell u to sign on it and he match the sign. then further scratches it and give u receipt. and payments is done.
then company dispatch u bill it includes Total Amt. of Purchase and their Service Chgs+Intrest and u have to issue cheque against the same
dont know
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