- The seller enters the payment amount in the card terminal; the payer puts the card into the card reader
and confirms payment by entering PIN (PIN might not be required for payment by Contactless card);
- The card temrinal sends a request to the bank‘s authorisation centre, where the availability of money on
the card is checked and the amount is reserved;
- If authorisation is successful, the card terminal prints out a receipt, if unsuccessful – the card
terminal prints out a receipt stating why the transaction was unsuccessful. The smart terminal does not print
receipts; at the customer‘s request, they can be sent via email or by SMS. Receipts are not printed also in
case of Contactless payment;
- At the end of the working day, the card reader performs the closing of the working day and sends the data
to the bank; the bank processes the data and normally transfers the money to the seller‘s account
irrespectively of whether the money has been received from the bank that has issued the card.
Pre-authorisation and manual entry functions can be provided to hotels and car rental businesses, which enables advance booking and payment for potential damage done by the client.
If a card payment was made without the card holder‘s confirmation (authorisation) or the services acquired by the card payment are not actually provided to the customer, as well as in other cases established by international card organisations, then, if the card holder disputes the card payment, you may have to refund the amount received through that card payment to the card holder.