In late 90’s credit card imprinter kits were used to process a payment through credit card. Thanks to technology now there are multiple ways to make payments at the point of sale. This may sound simple and many of you already know how to make a payment. These days there are different ways of making payment by a credit card.
- Swipe: The magnetic stripe is swiped at the point-of-sale machine.
- Chip: Insert the chip into the reader to make a payment.
- Tap: If your credit card has the contactless symbol then you can just tap your card on the reader and the payment will be processed.
- Online: Online spend has been increasing year over year. It has increased significantly post pandemic. You can enter card details on the payments page for instant authorization.
- Credit Card Number
- Expiration Date
- CVV number
- Name
- Billing zip code
These 5 fields are used by networks and issuers to authenticate a transaction in real-time.
We have mined all the details so that you have a hassle-free experience in selecting your next credit card. The best credit card offers from the leading credit cards issuers
