Process Card Clearing by Acquirer
sd Process Card Clearing by Acquirer
:Card Clearing
Perform Edits Validation and Enrichment
Perform Interchange Qualification and Calculate Interchange Fees
Perform Balancing and Controls
Credit Card
Transaction
:Financial
Accounting
Update GL Accounts for Card Network Totals
:Card Clearing
Execute Clearing Process
:Merchant Acquiring
Facility
Retrieve Merchant Characteristics and Terms and Conditions
:Card Authorization
Perform Authorisation Matching
:Fraud Evaluation
Perform Fraud Detection
:Financial Gateway
Request Clearing of Transactions via Card Network
This may be an asynchronous call, after which the
scenario terminates. The scenario will resume (actually
a separate scenario) when a response comes in via the
Financial Gateway. To avoid this complexity, the call is
shown here a a synchronous call.
Update Card Transactions
If Required
:Payment Order
Create Payment Order for Merchant Total
For Each Merchant