How The Payment Lifecycle Works overview
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Key information
When you go to the shops and tap your card on a card reader to buy some groceries, some clothes, or anything, what happens?
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![2 - Payment Life Cycle [Part 1: Payment Initiation and Payment Processing] How The Payment Lifecycle Works](https://i.ytimg.com/vi/EcNgTrm5Vig/mqdefault.jpg)
![3 - Payment Life Cycle [Part 2: Clearing and Settlement, Reconciliation and Exception Handling] How The Payment Lifecycle Works](https://i.ytimg.com/vi/NUo7q0jMUp8/mqdefault.jpg)
![2 - Payment Life Cycle [Part 1: Payment Initiation and Payment Processing]](https://i0.wp.com/i.ytimg.com/vi/EcNgTrm5Vig/mqdefault.jpg?resize=320,180)
![3 - Payment Life Cycle [Part 2: Clearing and Settlement, Reconciliation and Exception Handling]](https://i0.wp.com/i.ytimg.com/vi/NUo7q0jMUp8/mqdefault.jpg?resize=320,180)
