How a card payment works, from reader to your bank and back
How a card payment works, from reader to your bank and back
Your bank says yes in under two seconds. The money moves a day or two later.
The reader sends your card and the price to the shop's bank. The card network passes it to your bank, which checks your balance and approves. The yes runs back the same way.
Send it to the friend who thinks tapping moves money instantly.
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