Credit Card Question & Answer
Advertising Disclosure is an independent, advertising-supported web site. receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » Questions » User Questions » Limited/Bad/Fair Credit » What does the term ‘transaction network’ mean?

What does the term ‘transaction network’ mean?

Answered by , at
Add to Favorites:

This term refers to the hardware that involves the transfer of the payments made and received on the card from consumers to merchants and acquiring banks.

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Guaranteed $500 Unsecured Credit Limit
For Bad Credit
Monthly reporting to the three major credit bureaus
For Bad / No Credit
Apply Now and Get a $500 Credit Line or More Today
For Any Credit

Other Questions in
Limited/Bad/Fair Credit