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6 Must-Know Terms Of The Alternative Finance Industry

If you are stepping into the world of Alternative Online Lending for the first time, then all the information on the blogosphere can be quite confusing. Every company is advertising different types of offers or services, AND it's all couched in marketing-laced language that obscures the actual information. Therefore, to provide some clarity, here is a list of some must-know alternative lending terms here:u2013

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Credit Card Transaction Flow & Cost Summary

$0.10 + 2%. $0.10. Transaction Request. Authorization Request. Settlement Request. Cost for a $ 100 trans. Credit Card Transaction Flow & Cost Summary. Fixed. Variable. Acquiring Bank. $ 0.10. $ 0.10. Interchange. $ 0.10. $2.00. $ 0.20. $2.00. Acquiring Bank. Issuing Bank.

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Independent sales organization - PowerPoint PPT Presentation

6 Must-Know Terms Of The Alternative Finance Industry

Credit Card Transaction Flow &amp; Cost Summary

Credit Card Transaction Flow & Cost Summary