Payments101

Payments 101: A Guide to Who Does What in Payments

 

Whenever a consumer pays for a good or service, either
online or in person, the process is quick and easy. Whether they tap their card on a terminal or type their card details into a form online, they’re on their way in a matter of seconds.

But behind the scenes, a massive system is humming, making that transaction and more than a billion like it possible every day.

This guide will help you understand the primary players, the new entrants, and how they all fit together in the payments ecosystem.