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What activity occurs during the settlement step of the payment process? The merchant receives payment for the transaction The merchant and the issuer exchange purchase
What activity occurs during the "settlement" step of the payment process?
The merchant receives payment for the transaction
The merchant and the issuer exchange purchase information
The issuer bills the cardholder for the transaction
The merchant exchanges purchase information with the acquirer and the issuer
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Beer Business Finance
Authors: Kary R Shumway
1st Edition
1090833741, 978-1090833747
