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These processes are facilitated by a network of financial institutions and technologies that work together to ensure the seamless and secure transfer of data and funds. The customer can make the credit payment physically by swipe, dip, or tap, depending on your point-of-sale (POS) system , which will capture the credit card details.
For example, the charges for a credit card paymentonline will be different from the charges for an in-person credit card payment. Also, the processing rates for a debit card payment will be different from the processing rates for an ACH transfer.
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