Createspace Independent Publishing Platform
Merchant Processing: Comptroller's Handbook December 2001
$16.64
Createspace Independent Publishing Platform
Merchant Processing Comptroller's Handbook December 2001
Product Code:
9781502951533
ISBN13:
9781502951533
Condition:
New
$18.37
Merchant Processing Comptroller's Handbook December 2001
$18.37
Merchant processing is the settlement of electronic payment transactions for merchants. Merchant processing activities involve gathering sales information from the merchant, obtaining authorization for the transaction, collecting funds from the card-issuing bank, and reimbursing the merchant. The processing of sales transactions for merchants by banks does not directly affect the bank's balance sheet except through settlement accounts and reserve balances. However, merchant processing can create significant off-balance-sheet contingent liabilities that may result in losses to the bank
| Author: Comptroller of the Currency |
| Publisher: Createspace Independent Publishing Platform |
| Publication Date: Oct 31, 2014 |
| Number of Pages: 102 pages |
| Binding: Paperback or Softback |
| ISBN-10: 1502951533 |
| ISBN-13: 9781502951533 |
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