Introduction to Card Payments (Abridged version)

Version 1.3

10 July 2025

Publication number: ICP-1.3-7/10/2025

 

This guide provides an overview of card payments and highlights information you’ll need to know when implementing your own card programme through Thredd. We’ll cover basic concepts about the payments industry, the payment processing life cycle and describe how Thredd can support you.

For access to additional content not available on the abridged version, please email docs@thredd.com.

 

Select the links below to go to the relevant sections in the guide:

Overview

Section 1: Overview of Card Payment Networks

Describes the Thredd Model for Card Payments, the role of Thredd in the Payments Ecosystem and the regulation of Card Network Participants.

Abridged version

 

Technology

Section 2: The Technology behind Card Payments

Describes how card payments have changed over the years and what kind of payment instruments there are.

Abridged version

 

Processing

Section 3: Introduction to Processing Card Payments

Describes the way card payments are processed over the card scheme’s network.

Abridged version

 

Implementation

Section 4: Implementing a Card Programme

Describes the considerations to be taken when implementing a card programme and where you can find more information.

Card Configuration

Section 5: Configuring your Card Products

Describes the available options when setting up a card programme with Thredd.

Card Management

Section 6: Managing your Card Programme

Describes the available options when managing cards and servicing customers.