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What is the role of batching in credit card processing?

April 26, 2017batching credit card

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What is the role of batching in credit card processing?

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After a credit card transaction has been authorized at the point of sale, the transaction is then stored in what is known as a batch. A batch is a group of transactions that have not been settled. Most merchants submit their batches to their credit card processor at the end of their business day.