A _____ obtains authorization for a payment card transaction by sending the transaction's details to the interchange network and storing a record of the approval or denial.
A) back-end processor
B) front-end processor
C) server-side digital wallet
D) client-side digital wallet

Question

Quizplus · Accepted Answer

A front-end processor is responsible for handling the initial stages of a payment card transaction, which includes obtaining authorization by sending transaction details to the interchange network and storing the approval or denial record.

A _____ Obtains Authorization for a Payment Card Transaction by Sending