Credit Card Process

A Credit card process can be defined as a customer or a client of a bank goes for the credit card acquisition application to bank for credit card process a relationship manager of a bank get the signed application of credit card from a customer and receives necessary documents for further credit card process credit card application then computerized by the bank but here are some banks they are offering online acquisition of credit card application for credit process and application goes to credit analyst for approval after approval credit application forward to credit disbursement and plastic card making department and then issued to customer at his or her signed address this credit card process been done by the bank.

When a customer receives the card and then wants to buy goods or services from any other retailer then he or her purchases goods or services, for payment a customer gives the credit card to the retailer he swipes the card from merchant machine and gives the bill to the customer. A merchant machine forwards the detail of the customer online to the bank this all over credit card process between a customer and a bank.