The releasing bank validates the credit card number, checks the quantity of readily available funds, matches the billing address to the one on file and validates the CVV number. The releasing high risk merchant account shopify bank authori…

The releasing bank verifies the charge card number, checks the quantity of available funds, matches the billing address to the one on file and validates the CVV number. The releasing bank authorizes, or decreases, the transaction and retur…

The providing bank confirms the credit card number, checks the amount of offered funds, matches the billing address to the one on file and confirms the CVV number. The issuing bank authorizes, or decreases, the transaction and returns the …

In the deal process, a charge card network receives the charge card payment details from the acquiring processor. It forwards the payment authorization request to the providing bank and sends the issuing bank's response to the obtaining pr…