How Payment Processing Works
The process of processing payments involves the transfer of funds from the bank of a client into the merchant's bank account following making a purchase. The process begins when the buyer gives payment information, these are secured and then transferred to a payment processor that is then verified by the bank and authorized, allowing the funds to be securely transferred to the retailer.
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What is Payment Processing, How it Works, and Advantages
thefinrate.com

What is Payment Processing, How it Works, and Advantages

Discover how Payment Processing simplifies transactions, the inner workings, and the benefits it offers to businesses of all sizes.