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    A processor provides a service or device that allows merchants to accept credit cards as well as send credit card payment details to the credit card network. It then forwards the payment authorization back to the acquiring bank.


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    Credit card processing is an incredibly complex process that involves multiple steps to complete. Information is passed from the cardholder and goes through a merchant's processing company and credit card networks to the cardholder's bank. Once that bank approves or denies the transaction, it flows in reverse back through the same chain to the merchant to let them know if the payment went through.


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