NO
No merchant will accept a photocopy of a credit card for any purpose. For air travel when the ticket is bought be someone else, plan to use the alternative identification methods provided by the airline, such as the reservation number.
Money transaction card
Purchase with a credit card is not considered a cash transaction, as the person making the purchase does not pay for the item until they pay their credit card bill, which may not occur until much later.
credit card flow diagram
There is a chances of misusing while sharing credit card number with others. The amount can be misused. So to avoid this buy virtual credit cards which are more secure for online transaction.
The transaction list displays an Approved status for the transaction
Carry a book with you and record every credit card transaction. When you get your bill see if they match.
no
Credit card transaction instructions are the instructions to be followed in processing your purchase. The process starts by handling your credit card to the store cashier. After swiping your credit card, the processing will follow. Once the cashier receives the authorization code then she can process your purchase and a receipt will be given to you.
Yes. It is.
An ARN in credit card transactions is the Acquirer Reference Number, a unique number that tags a credit card transaction when it goes from the merchants bank (The Acquirering Bank) through the card scheme to the cardholders bank (The Issuer).If you are querying a credit card transaction, having the ARN will allow your Bank and the merchants Bank track the transaction.
No. It is a third party the insulates your banking and credit card information from the other party in a transaction.