Payments

Payments 101 -- From Consumer to Merchant, Who Participates (and Wins!) From Processing a Payments Transaction

Ariel Setton -- Ingenico ePayments

Presentation

With several entities involved, it is important that eCommerce payment and fraud professionals are cognizant of which entity does what and realize how each impacts the cost of payments. In this presentation, Ingenico details the key players participating in an eCommerce transaction and the activity corresponding to each entity from both an authorization and a settlement perspective. A breakdown for an example transaction is then provided to illustrate how interchange fees, issuer fees, and acquirer fees are determined. The slides conclude with a quick comparison of blended rate and interchange pass-through pricing.

Note that this presentation is also available as a webinar. To view the webinar, click here.

Payments 101 -- From Consumer to Merchant, Who Participates (and Wins!) From Processing a Payments Transaction

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