Taking credit card payments

Understand the processes behind taking credit card payments.

When a customer uses a credit card to make a purchase or obtain a cash advance (card payment services), the transaction moves through card processing services that involve authorisation, clearing and settlement. Each step of card payment processing involves an exchange of transaction data and money that must be settled and balanced.

This card payment process service ends when the cardholder pays for the merchandise or the cash advance listed on his/her monthly statement.

In credit card acceptance for your business, AIBMS provides the service which enables your customers to do this safely.

We offer a service that enables secure transactions and opens up your business to a wider customer base by enabling you to accept payments over the telephone, on the internet (online payments) as well as face-to-face.