Sample description with detailed notesThis diagram shows the different stages in the process of making a purchase with a credit card. We can see from it that there are five different parties involved in such a transaction and there are seven different steps until the merchant receives payment.
The first step is that the customer offers to pay for the goods by credit card. At that point, the merchant has to request for the payment to be authorised by the credit card organisation, which must also request authorisation in turn from the consumer’s bank. Once that authorisation has been received, the merchant can then release the goods to the customer.
The merchant, however, does not receive the money for the transaction until it has paid a fee to the credit card organisation. After that has been paid, the consumer’s issuing bank will transfer the money for the transaction to the merchant’s own bank, which will then credit the merchant’s bank account with the amount of the purchase less the credit card fee.
notes
introduction
This diagram shows the different stages in the process of making a purchase with a credit card
Simple sentence to start explaining what the diagram shows
We can see from it that there are five different parties involved in such a transaction and there are seven different steps until the merchant receives payment.
Complete the introduction by giving an overview of the process (how many steps and how many parties)
paragraphs 1 and 2 sequencing language
The first step…At that point….Once that authorisation has been received…in turn…until… After that has been paid
paragraph 1 organisation and vocabulary.
This follows the authorisation procedure step by step until step 4.
I have not changed the vocabulary much but I have used
- ”authorised” and not “authorisation”
- “customer” for “consumer”
- “goods” for “product”
Paragraph 2 organisation and vocabulary
The key to this paragraph is the first sentence. The merchant receiving his money is step 7. However, because it helps me organise the paragraph, I have used it out of order in the first sentence as the main point.
I have used some “new” vocabulary here: purchase credit
Date: 2014-12-21; view: 1196
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