4. Cardstreet.com Merchant Account Provider then sends the information on to the credit card issuing bank. The issuing bank then checks to see that #1, the card is valid, and #2, that the amount requested is available on that account. Once completed, the issuer will set aside the requested funds for the purchase

5. The issuing bank will then send an approval or decline message back to Cardstreet.com Merchant Account Provider.

6. Cardstreet.com Merchant Account Provider then sends this information to the merchant's payment gateway. It takes approximately 3-12 seconds to complete steps 2 through 5. It is a very quick and easy process.

7. The payment gateway will pass the approval code back to the Merchant Account's site or if the merchant does not have a secure site give the customer their approval information. It is also advised that you enable your payment gateway to email approval or decline messages to your customer for their records. This is a helpful tool for your customers help keep your customers informed or all aspects of the sale. Informed customers are happy customers, and much less likely to want to return an item, file complaints, or anything potentially negative towards the merchant account owner.

8. Once the business day is over, the merchant account owner can manually settle their terminal/PC software, or Cardstreet.com can automatically begin the final process for you. Most merchant account owners prefer that Cardstreet.com automatically settle their daily transactions at a set, specific time each day. Once the settlement process is initiated, the funds are transferred from the issuing banks of your various customers credit cards, to Cardstreet.com Merchant Account Services, and then we immediately deposit them into your business checking account. It takes approximately 2 days from settlement of a transaction, till the time you receive the funds in your checking account.