January 6, 2014

Access 2Checkout’s New White Paper, “The Payments System Simplified”

Posted by Sean Edgar Category IconNews & Trends
How Credit Card Processing Works. The Payment System Simplified

The latest White Paper in 2Checkout’s E-Commerce Academy continues industry expert Tom Kossler’s in-depth analysis of digital payments and their journey from a customer’s pocket to a merchant’s bank account. Whereas The Evolution of the Payment System took an introspective look at the history of credit cards and the needs that led to their creation, The Payments System Simplified provides an overarching analysis at one of the most complex system in modern banking. How does a payment travel from one bank to the other? What parties prevent fraudulent activity? And what new innovators are making it possible for merchants to sell all over the world with the click of a few buttons? Download this informative guide to the credit card industry for all of these answers and more.