Question

explain the steps involved in credit/debit card transaction​

Answer 1

Answer:

That said, the typical credit card transaction process—from beginning to end—essentially breaks down into four key stages: authorizing, batching, clearing, and funding. The first stage of the credit card transaction lifecycle is authorization, and it normally lasts just a few seconds

Explanation:

please mark me brainliest if possible

Answer 2

Answer:

A cardholder begins a credit card transaction by presenting his or her card to a merchant as payment for goods or services. ... The acquiring bank (or its processor) captures the transaction information and routes it through the appropriate card network to the cardholder's issuing bank for approval.