Kaartafhandeling

Kaartafhandeling refers to the processes involved in handling payment card transactions. This encompasses the entire lifecycle of a transaction, from when a customer presents their card to the final settlement of funds. The process typically begins at the point of sale, where the cardholder's information is captured by a terminal or online payment gateway. This information is then encrypted and transmitted to the acquiring bank, which is the bank that services the merchant's account.

The acquiring bank forwards the transaction details to the card network, such as Visa or Mastercard. The card network routes the request to the issuing bank, which is the financial institution that issued the card to the cardholder. The issuing bank verifies the cardholder's account, checks for sufficient funds, and authorizes or declines the transaction. This authorization or decline message is sent back through the card network to the acquiring bank, and finally to the merchant's terminal or gateway.

If authorized, the transaction proceeds to settlement. This involves the movement of funds from the issuing bank, through the card network and acquiring bank, to the merchant's bank account. Kaartafhandeling also includes security measures like fraud detection and prevention, tokenization, and compliance with industry standards such as PCI DSS. The efficiency and security of kaartafhandeling are crucial for both merchants and consumers to ensure smooth and trustworthy payment experiences.