Using Payments Cards Online Processing credit cards online authorization Determines whether a buyers card is active and whether the customer has sufficient funds settlement Transferring money from the buyer's to the merchants account Electronic Commerc Prentice Hall 2006Electronic Commerce Prentice Hall © 2006 6 Using Payments Cards Online • Processing Credit Cards Online authorization Determines whether a buyer’s card is active and whether the customer has sufficient funds settlement Transferring money from the buyer’s to the merchant’s account