How Form 8815 Payments 2023-2024

Hello everyone and welcome to our first whiteboard session here at Arjuna Payments. We really pride ourselves on working with our customers to help them understand card payments and make sure that we are there to best help you grow your business. This is the first in a series of conversations where we're going to share with you some of our knowledge about the card payments industry. We try to do everything we can to make payments as simple as possible, but it's important that you understand what's going on behind the scenes so you can structure some of your business processes in the right way to take advantage of what we offer. Of course, what we go through here today is only an introduction and we're always here to help. Give us a call, drop us an email, we'll come visit you, we'll talk to you over the phone, and we'll help make payments as simple as they can be. The first thing we want to talk to you about is all of the complicated players that exist within making a card payment. Most of this you don't need to think about, but it can get confusing, and sometimes we get a lot of questions around who actually is involved in the card transaction. So, I want to walk you through a simple process and then we'll talk about a few different types of transactions and how those change the process. Behind me on the board, I've got a simple diagram that shows the folks who are involved in a card payment. First and most importantly, we have your customer. Your customer is carrying some sort of a credit card in their wallet or maybe in their brain if they memorize the number. They're the ones who are saying, "I'm going to...