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1.
Customer places order: A customer enters an order on a merchant's
website. The transaction information is instantly encrypted and transmitted
to the Instant Commerce secure server, which is linked via a dedicated
data line to the credit card authorization network.
2. Instant Commerce verifies with bank: The transaction information
is sent by the Instant Commerce secure server where the validity of
the card is checked and the availability of funds on that account
is verified. An authorization code is then returned. The authorization
is encrypted and transmitted in encrypted form back to the web server
of the merchant.
3. Receipt is issued and merchant gets money: An e-mail receipt
is sent to the customer and to the merchant. Within 48 - 72 hours
the merchant receives the money! |
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