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How Card Payments Work (Video)


May 27, 2020 - In today's world, completing transactions with a card is a widely accepted method of payment. Whether it's a debit card, credit card or a prepaid reloadable card from Intercash, most people are walking around with some type of card product in their wallet; yet very few people understand exactly how card payments work.


In this short video produced by Nirav Patel, CEO of Intercash's Banking Division, you will learn exactly how the card payment networks function and gain a better understanding of the key players involved in the process:


If you have any questions about how card payments work or would like to learn how an Intercash card program can help support your business, feel free to contact us anytime!

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Intercash cards are issued by various issuing banks pursuant to licenses by MasterCard International Incorporated and Visa International Incorporated. MasterCard is a registered trademark of MasterCard International Incorporated. Visa is a registered trademark of Visa International Incorporated.

Intercash is an approved Program Manager and registered service provider of Mastercard and Visa. "All transfers of funds are processed by Intercash partner financial institutions using the certified  "PrepaidGate" technology. 

 

Funds may be processed via ITC Payment Solutions Inc MSB registration # M18449240 or other regulated 3rd parties and services may be carried out via the groups subsidiaries and related group of companies including Intercash Prepaid Limited, Complete Solutions Limited, Complete Solution Payments Inc. 

Andaria Limited 2019