Picture a customer tapping their card at your busy food cart, funds landing instantly so you restock ingredients before the lunch rush ends. Credit card processing powers this magic for small businesses through a clear sequence of steps that secure transactions and speed settlements. Lytz streamlines it all with instant QR based options alongside card support, minimizing fees and delays.

The process starts with initiation when a customer swipes, taps, or enters card details via POS, online gateway, or Lytz link. Your payment processor captures this data and sends it for authorization to the issuing bank, which checks validity, funds, and fraud risks in seconds.​

Batching groups approved transactions at days end, followed by clearing where networks route funds between banks. Settlement deposits net amounts to your merchant account after fees, often delayed days in traditional setups. Lytz skips batches with real time payouts, offering fee free internal moves and one percent to banks for immediate cash flow.

Lytz merchant accounts add balance views and automation, perfect for small teams scaling payments without complexity. Owners gain compliance, refunds, and analytics to focus on growth.