DiscoverMerchant Sales PodcastWhat is Payment Processing?
What is Payment Processing?

What is Payment Processing?

Update: 2025-11-21
Share

Description

In this episode, James Shepherd delivers a straightforward, easy-to-understand explanation of what credit card processing is and how it works, from the basics of authorization and settlement to the role of processors, acquirers, and merchant accounts.

Whether you're new to payments or need a refresher, this is the perfect foundational guide to help you understand the moving parts behind every transaction and how they connect to merchant sales.

After the lesson, stick around for Today in Payments with Patti Murphy, where James and Patti cover the latest industry headlines.
Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

What is Payment Processing?

What is Payment Processing?

Merchant Sales Podcast