Q & A: How does a company to collect from customers who order online using their credit card?

fuelergg Question : How does a company to collect from customers who order online using their credit card ?
Companies collect customer who uses a credit card. How is this setup to send money by credit card the customer after you press submit to receive money in the company designated account? Fitzroy Ellis Best answer:

Answer by Barkley Hound
The computer system for the bank is in communication with the computer credit card processing company. ✩

What do you think? Answer below!

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2 Responses to “Q & A: How does a company to collect from customers who order online using their credit card?”

1. Al Rozz says:

   May 25, 2011 at 4:01 am

   You can sign up for paypal which is good.
   Other offers you can use verisign secure. It deals with your bank and you pay a fee for having a credit card usuage on line for your business.

   How may people use credit cards on line???
   About half China.
   The bank gets the money instantly once they charge it.
2. joanie says:

   May 25, 2011 at 4:58 am

   The company takes your card # and uses the computer to deduct payment from the card company as long as it’s a valid account and the limit on the card is not maxed out.. The credit card company then gets repaid from you when you get your billing statement..