How Payment Processing Works
September 16, 2024 ⚊ 1 Min read ⚊ Views 15 ⚊ BLOGThe 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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