Yahoo! Answers*
Question:
how is my credit card info processed online?
for example when u buy on amazon ur credit card info is encrypted and sent to amazon. What happens after they receive it? Is processed by humans? What security is there?
Answers:
1) hmm.. i dont know the detail.. but i think its automatic.. there is no security.. cc issuer will ask u for confirmation.. thats all..
2) Typically - online - your credit card and information is entered into a 'secured' website (SSL), which encrypte the message - which can be de-encrypted (of sorts) by the payment gateway (only) - and from there sent into the authorization networks finding its way to your issuing bank - who checks your balance and grants either a 'status: open to buy' or a 'decline'. The order information (with out the full credit card information) is sent to the merchant. It never sees a human's eyes. Billions a day go through this - very little to worry about - as the miniscule amounts that are hacked (and the media blows way out of proportion) isn't even 1/10 of 1%
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