Posting

In the context of financial transactions, especially those involving credit cards, "posting" refers to the process of recording debits and credits to individual cardholder account balances. This is a critical step in the accounting cycle that ensures all transactions are accurately reflected in the cardholder's financial records.

Key Aspects of Posting:

The posting process is integral to maintaining the integrity and accuracy of financial records in credit card operations. It ensures transparency and accountability, providing cardholders with up-to-date information about their financial status and helping financial institutions manage credit and debit records systematically.