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Acceptor to Acquirer Card Transactions

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Card Payment Exchanges - Acceptor to Acquirer

Business Process Diagram

This diagram shows the high level Business Process covered by card payment business.

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Card payment process:

  • Definition: The process of performing a payment of good or services with a card. The process starts with the acceptance of the payment card, involves the authorization of the payment transaction, and the transfer of financial information (capture) from the acceptor to the acquirer. In some error situations, it is necessary to reverse the authorization.
  • Trigger: The acceptance of the card presented by the customer to the merchant for the payment of goods or services.
  • Pre-conditions: Presentation of the card by the acceptor for payment.
  • Post-conditions: If the payment is successful, the acquirer is in the position of initiating the procedure to credit the merchant account and debit the customer account.
  • Role: Cardholder, Acceptor and Acquirer.


Business Process Flows

The process flows hereafter describe a possible high level sequence of the Business Process defined above.

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Generic Card Payment Process

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Descriptions of the Business Activities

Descriptions of the Business Activities
Initiator
Payment Card Presentation: The cardholder presents a payment card to the merchant for the payment of goods and/or services. Cardholder
Card Acceptance: The card acceptor verifies that the payment of the goods and/or services may be performed by the presented card. Acceptor
Cardholder Authentication: The card acceptor verifies that the cardholder is allowed to use the card for the payment. Acceptor
Acceptor Payment Processing: The payment service is performed by the card acceptor according to the rules of the acquirers and schemes. Acceptor
Authorisation: If the authorisation must be performed online, the acquirer approves or declines the card payment transaction. Acceptor
Reversal: The acquirer reverses the authorisation at the request of the card acceptor when :
  • the acceptor received no acceptable response, or
  • the approved payment transaction did not complete successfully at the acceptor.
 Acceptor
Payment Failure: The payment transaction did not succeed when:
  • The online authorization cannot be processed by the acquirer, or
  • The authorization of the payment transaction is declined, or
  • The payment does not complete (e.g. the cardholder has cancelled the payment or the chip card declines the transaction after the authorization).
 Acceptor
Payment Completion: The card acceptor finalizes the approved transaction after the authorization. Acceptor
Payment Capture: The transfer of the financial information from the acceptor to the acquirer. Acceptor
Acquirer Payment Processing: The payment transaction is successfully completed by the card acceptor. The fund transfer may be initiated by the payment acquirer. Acquirer
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