During the processing of card payments, which of the following involves the transfer of money from the buyer's to the merchant's account?

Name: During the processing of card payments, which of the following involves the transfer of money from the buyer's to the merchant's account?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Settlement is the process during card payment processing where the funds are actually transferred from the buyer's bank account to the merchant's bank account, completing the financial transaction.

During the Processing of Card Payments, Which of the Following