Remove Credit Limit Remove Payment Gateways Remove PCI DSS
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Accepting Online Payments with Internet Merchant Accounts

EBizCharge

They provide a secure platform for processing transactions, ensuring the consumer’s payment information and the merchant’s funds are protected. This account is typically integrated with a payment gateway, which is responsible for the safe transmission of transaction data. How do payment gateways work?

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What is Payment Processing?

Clearly Payments

Transaction Initiation Customer Payment: The process begins when a customer makes a payment using a credit/debit card or other payment methods at a merchant’s point of sale (POS) system or online checkout. It then sends an approval or denial response back through the card network to the payment processor.

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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Check Conversion The process of converting a paper check into an electronic payment, typically at the point of sale. Credit Limit The maximum amount that a cardholder can charge within their credit range. P Payment Card A card that can be used to make electronic payments, such as a credit or debit card.