Payments are simple on the surface.

But behind every transaction, there’s a lot happening.

In Payments 101, we’ve simplified how payments work, from the evolution of money to modern payment systems, with a deep dive into card-based payments.

In This Deck,

We've Covered

How Authentication Works in Card Transactions

The Evolution

of Money

Different Payment Methods

Factors that Impact the Cost of Payments

How Authorization Works

How Clearing Works

What Chargebacks are & How They Impact Payments

How Card Transactions Flow & the Relationships Involve

Types of Cards & How They Differ

Understanding How Your Card Works

How Card Payment Networks Operate

The Key

Players Involved

Transaction Costs & How They are Calculated

How Settlement & Reconciliation Happen

Factors That Affect Approval Rates

Download our Payments 101

If you enjoyed exploring our Payments 101, don’t forget to subscribe to our newsletter for monthly updates on Payments Education 101s.

Every month, we dive into a new key topic in payments.

Subscribe to our Newsletter

This Series is Built with the Payments Community.

If you have insights to share, reach out to us at contact@travelandpayments.com, we’d love to include it in our future 101. Your idea can inspire our next 101.

Payments are simple on the surface.

But behind every transaction, there’s a lot happening.

In Payments 101, we’ve simplified how payments work, from the evolution of money to modern payment systems, with a deep dive into card-based payments.

In This Deck,

We've Covered

How Authentication Works in Card Transactions

The Evolution

of Money

Different Payment Methods

Factors that Impact the Cost of Payments

How Authorization Works

How Clearing Works

What Chargebacks are & How They Impact Payments

How Card Transactions Flow & the Relationships Involve

Types of Cards & How They Differ

Understanding How Your Card Works

How Card Payment Networks Operate

The Key

Players Involved

Transaction Costs & How They are Calculated

How Settlement & Reconciliation Happen

Factors That Affect Approval Rates

Download our Payments 101

If you enjoyed exploring our Payments 101, don’t forget to subscribe to our newsletter for monthly updates on Payments Education 101s.

Every month, we dive into a new key topic in payments.

Subscribe to our Newsletter

This Series is Built with the

Payments Community.

If you have insights to share, reach out to us at contact@travelandpayments.com, we’d love to include it in our future 101. Your idea can inspire our next 101.

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