Behind the Scenes of Credit Card Payments Paying by credit card (cashless) is simple from a customer perspective. However, each transaction triggers various mechanisms to ensure maximum credit card security.
Credit Cards: A Four-Party System for Your Security In Switzerland, credit card systems are primarily organized into four parts: As independent companies, card issuers (issuers) and card service providers (acquirers) are responsible for connecting their customers (cardholders and merchants) to the credit card network. To do this, both issuers and acquirers must be licensed.