Question: Describe the main steps that occur in an closed loop system when a credit card holder makes an online purchase from a merchant Name one

Describe the main steps that occur in an closed loop system when a credit card holder makes an online purchase from a merchant Name one credit card that operates on this basis .

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Describe the main steps that occur in an closed loop system when a credit card holder makes an online purchase from a merchant Name one credit card that operates on this basis .

Describe the main steps that occur in an closed loop system when a credit card holder makes an online purchase from a merchant. Name one credit card that operates on this basis.

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