| ECOMMERCE PAYMENT PROCESSING |
Payment Processing is defined as asecure, real
time processing system for online credit and debit card transactions.
Payment processing usually includes authentication and verification of
the credit cards used to purchase your products or services.
Payment processing can occur in real time. To
establish a payment processing system you will need to:
obtain
an online merchant account for a credit card from a bank
- select a payment gateway that will process
the credit card information
- integrate payment gateway with your website
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