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The place for discussing your experiences with cards and payments events from around the world

Threads: 3 | Last reply: 29/01/2009 11:13:23

New developments in Card Acquiring

Join the ongoing debate about ICHF, MSCH, strategies of industry players and possible future scenarios

Threads: 2 | Last reply: 17/06/2008 15:14:32

Outsource or keep In-house?

Join us to discuss the key decision criteria on In-house or Outsourcing of card processing and merchant acquisition responsibilities.

Threads: 1 | Last reply: 01/02/2010 17:51:55

Upcoming event

European Card Acquiring Forum 2011

Past events

European Card Acquiring Forum 2010

over 300 professionals representing the elite of card acceptance in Europe have met in Berlin to discuss the latest market developments and to move the business forward.

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European Card Acquiring Forum 2009

over 240 acquirers, card experts and merchants have met in Berlin during this card acquiring cornerstone event.

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European Card Acquiring Forum 2008

over 200 payments professionals have met for a 3 day conference in Brussels.
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European Card Issuing Forum 2008

an interesting 3 day event for card issuers that took place in Rome.

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European Card Acquiring Forum. Authorization: The financial institution that issued the card or “issuer”, provides an authorization code verifying the credit card is valid and credit is available for the sale amount. A temp hold on funds or “soft charge” will automatically fall off the cardholder’s card after 4-5 business days if the merchant does not capture or settle the authorized transaction. The gateway then passes on credit card information to the acquiring bank, when a customer makes a purchase. The acquiring bank approves the transaction and credits the company’s merchant account. Some small merchants are unable to find an acquiring bank that is willing to set up a merchant account for them. This is often the case if the merchant doesn’t have a long trading history. In such cases, merchants may use a third-party biller instead of an account with an acquiring bank. European Card Acquiring Forum. This cuts down on red tape and allows a merchant to process payments immediately. A credit card processor offers merchants online services for accepting payment online including credit card, debit card, direct debit, bank transfer and real-time bank transfers.