Payment Network Intro

Cards issued by other banks with Amex as network are known as

Pulkit buys an iWatch from Aayam's Apple Store. The card details of Pulkit are passed to Shwetha who then asks Senthil if Pulkit has enough money in his card or not. Select the correct option among the following

Swathika swiped her card at the merchant's store but the payment failed because she entered the wrong PIN. What is this process of checking the details called?

Amex is both an acquirer and an issuer

POS stands for

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