Credit Card Payment Processing
01/10/2024 Technology
Price: Check with seller
Description
The Credit Card Payment Process is the method that allows companies to accept credit card transactions from their customers. There are several steps involved that include authorization, when the card is accepted; verification, which ensures the authenticity of the card holder and finally, settlement. funds are transferred from client's bank account to the merchant's bank account. This ensures safe, effective transactions that allow businesses to provide convenient payment options to their customers either online or in-person.
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