Question

How can credit cards be processed as quickly as stored-value cards at the ticket gate?

Answer 1

Authorize dot net is a payment gateway which enables online merchants to accept payments through credit cards for online transactions.

Authorize dot net manage the routing of data to various systems in the same way the credit card swiping machine handle the point of scale offline transactions.

Authorize dot net customer enters credit card details on the website which is integrated with Authorize dot net payment gateway. Authorize dot net capture the information and share it with the merchant bank Central processes.

Authorize dot net receives and stores the information about the success or failure of the transaction through The Merchant banks processor.

Then the merchant takes a validate step about the purchase.

Authorize dot net also has capabilities to integrate with Apple pay and each e-checks for accepting online payments through both desktop and mobile platforms.

PLEASE MARK ME AS BRAINLIEST

Thanks IN ADVANCE

धन्यवाद

Answer 2

Answer:

Open loop prepaid cards are popular as gifts because can be used anywhere credit or debit cards are accepted. They’re widely available at retail locations via gift card kiosks and checkout counters. Open loop stored value cards can be purchased, transferred and used online for eCommerce purchases.