Money Management : How Do Credit Card Machines Work?

879 views · Published 24 January 2009 · 1:17 · Indexed 20 September 2026

Channel: ehow · 2009 · Howto & Style

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Credit card machines work by transmitting information from a credit card along a telephone line for the value of the purchase. Money from the bank of record is deposited to the vendor for the goods or services purchased by the consumer. Learn more about credit cards with information from a registered financial consultant in this free video on credit cards.

Expert: Patrick Munro
Contact: www.northstarnavigator.com
Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace.
Filmmaker: Reel Media LLC

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